This is the global economic rot. A world in which most cannot escape. There has been an attempted rescue of the financial system from the Repo actions of the Fed, the excessive money printing, and on the economic side, we watch as governments go further and further into debt to try and fill the holes in this proverbial boat. Sadly, this is all just a cover for a massive transfer of wealth and control to the globalist elite.
US, China, India, Europe can’t save global economy from recession – Business Insider
https://www.businessinsider.com/us-china-india-europe-cant-save-global-economy-from-recession-2020-9
The coming wave of defaults | TheHill
https://thehill.com/opinion/finance/516032-the-coming-wave-of-defaults
Automotive’s new reality: Fewer trips, fewer miles, fewer cars?
https://advisory.kpmg.us/content/dam/advisory/en/pdfs/2020/automotives-new-reality.pdf
The average credit card interest rate by credit score and card – Business Insider
https://www.businessinsider.com/personal-finance/average-credit-card-interest-rate
Capital One Cuts Card Limits Amid U.S. Jobless-Aid Impasse – Bloomberg
Tech Shares Roil Market as Stocks Fall for Second Week – WSJ
https://www.wsj.com/articles/global-stock-markets-dow-update-09-11-2020–11599816452
relative correction.jpg (728×486)
https://www.zerohedge.com/s3/files/inline-images/relative%20correction.jpg?itok=uYR6lu_S
About derivatives statistics
https://www.bis.org/statistics/about_derivatives_stats.htm
The Big Corporate Rescue and the America That’s Too Small to Save
Department Store Century 21 Files Bankruptcy, Will Shut Down – Bloomberg
Las Vegas Monorail Company files for Chapter 11 bankruptcy | Las Vegas Local Breaking News, Headlines | fox5vegas.com
GameStop Will Close at Least 400 Stores This Year | Game Rant
https://gamerant.com/gamestop-store-close-400/
Delta Air Lines to furlough 1,941 pilots in October, according to internal memo
Singapore Air Cuts 20% of Workforce as Virus Smashes Travel – Bloomberg
Ford wants to cut 1,400 jobs through voluntary retirement: What we know
Amtrak tells employees it will furlough 1,950 workers | Trains Magazine
Retail Store Databank | Coresight Research
https://coresight.com/retail-store-tracker/