Trump is exaggerating both the strength of the U.S. economy and the degree of our energy independence. The economy is merely a bubble fueled by reckless monetary and fiscal stimulus, and a sustained rise in oil prices is as dangerous a pin now as it was in the past.
— Peter Schiff (@PeterSchiff) January 8, 2020
% of states w/ negative leading indicators ticking up @bcaresearch @datastreamit @PictetGroup @SoberLook @philadelphiafed pic.twitter.com/hBY3KqIkq1
— Liz Ann Sonders (@LizAnnSonders) January 8, 2020
Dude, Where’s my loan growth?
$10Trillion of Total Commercial Bank loan growth is now plummeting.. led by C&I. Doesn’t sounds reflationary. $XLF $TLT @RaoulGMI @DiMartinoBooth @Not_Jim_Cramer @EconguyRosie @GS_CapSF @EPBResearch @NorthmanTrader pic.twitter.com/tO2KqYwCpf
— PlungeProtectionTeam (@gamesblazer06) January 8, 2020
The final revision for the November durable goods report showed core new orders declining at a 1.7% annualized pace. pic.twitter.com/sohIxFkEL6
— Eric Basmajian (@EPBResearch) January 7, 2020
US auto loan and credit card delinquencies trending higher t.co/wweCXi10Zl pic.twitter.com/uQGfAU9GQi
— Trevor Noren (@trevornoren) January 8, 2020
A shocking number of Americans are living paycheck to paycheck
The Baltic Dry Index is the most important indicator for the rates of bulk shipping.The rate is determined based on the rates that are paid to transport raw materials on the 25 busiest shipping routes. Prices are falling sharply due to the cooling global economy. pic.twitter.com/lCQ0KUFY4H
— Karel Mercx (@KarelMercx) January 8, 2020
- Stanford business study shows bank values are actually $2trillion lower than book value
- Fifty More US Banks on the Verge of Failing
- Putin Announces Agreement for the Yuan to Become the New Global Reserve Currency
- Incredibly Good Article in The Economist About the Banking Crisis
- Are They Actually Trying To Crash The Economy On Purpose?
- UBS may bail out of the Credit Suisse deal, too many issues.
- UKRAINE WAR ENDING?
- To the moon! The interest payments of the US Government as old debt is rolled into new one.
- The UN Moves to Take Control of ALL Water
- Elon Musk responds to Biden’s bullshit nationalization of land in Texas