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The C19 scam is over, this is just 'normal' financial markets. This all was going to happen earlier but C19 delayed it....
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Now for some good financial news from the US...Um there isnt any..
Oh yes I forgot to mention Americans have just broken through the 1 trillion dollar barrier for credit card debt.. God save America (please!)
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Throw in the 1.6 trillion in student loans to be recovered and a collapsing auto loan industry and I think we have a BIG problem Housten.....Last edited by chook; 31-05-2023, 10:18 PM.
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Another graph from Chook to ponder, the only reason I am posting these is due to how extreme they are and the 'once in a lifetime event' they represent..THIS IS NOT GOOD folks!
The worst since 1970 and earlier, do you think the banking crisis is over ??...
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That is because THEY havent got a F*@#@n clue! ha ha
Its very straightforward how all of this plays out.....
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Govt lying ..."we have avoided a recession everything is fine!"
Reality.... "how hard will the landing be?"
A lot of people have short memories at what good liars this Govt are, cant you remember all the deception during covid??? they are experts at this...
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As I said yesterday the Govt are already printing like drunken sailors, where do you think all this lolly scramble money in the budget is coming from ..ha ha very inflationary.
But they are corrupt and their data is rigged so they will keep telling you inflation is dropping and everything...
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Contrary to their false data inflation is not dropping and causing the economy to tank..especially after the budget where idiot Robertson is cranking the printing presses up some more.
And if they dont raise rates inflation takes off higher causing the economy to tank..
Either...
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And these are the people who are in charge of your country! NZ is just as bad.
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For those of you who dont know whats going on with US debt currently, look at the steepness of this curve! they are debating raising the debt ceiling again, which they eventually will do, a road to no where, but either way the consequences are very very bad.
NZ appears to be following in...
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I have already warned about this months ago...get your money out of the banks I am serious!!...
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100% agree
Problem is the sheep people will think banning cash is a good idea to fight crime and go with the CBDC...
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