THIS is When You Know the Economy is About To Fall! High Risk Bad Loans Soar Passed 2008!

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What do you think the expansion of bad loans? Will this play a role along with all the other garbage?

The economy is weak. It’s very weak. FANG stocks are up though. But since main street and wall street are completely disconnected we need to look into different sources of information to be able to determine the direction of the economy. Are you ready?

 

READ  The immediate future for financial markets and the real economy looks extremely perilous.

52.1% of Kids Live in Households Getting Means-Tested Government Assistance

www.cnsnews.com/commentary/terence-p-jeffrey/521-percent-kids-live-households-getting-means-tested-government

Lenders Shunned Risky Personal Loans. Now They’re Competing for Them. – WSJ

www.wsj.com/articles/lenders-shunned-risky-personal-loans-now-theyre-competing-for-them-1535103000

wells mortgage apps q1.jpg (818×515)

www.zerohedge.com/sites/default/files/inline-images/wells%20mortgage%20apps%20q1.jpg

wells mortgage originations Q1 2.jpg (818×515)

www.zerohedge.com/sites/default/files/inline-images/wells%20mortgage%20originations%20Q1%202.jpg

Wells Fargo lays off more than 600 mortgage workers | Reuters

www.reuters.com/article/us-wells-fargo-layoffs/wells-fargo-lays-off-more-than-600-mortgage-workers-idUSKCN1L922Y

wealth-inequality2.jpg (550×496)

www.oftwominds.com/photos2018/wealth-inequality2.jpg

US-consumer-credit-card-charge-offs-2018-Q2.png (495×597)

www.zerohedge.com/sites/default/files/inline-images/US-consumer-credit-card-charge-offs-2018-Q2.png?itok=g0ATn_va

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www.zerohedge.com/sites/default/files/inline-images/US-consumer-credit-card-delinquency-2018-Q2.png?itok=des4BrhE

 

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