Financial stress will only get worse from here

August 29, 2023 5:30 pm by CWR

Sharing is Caring!

CREDIT 💳 CARD
DELINQUENCY pic.twitter.com/RdciYYICEt

— Win Smart, CFA (@WinfieldSmart) August 28, 2023

And WSJ reported millions of home owners are bailing on insurance!

The broke US homeowner:

*struggling with HOA fees
*struggling with higher property taxes
*struggling with higher insurance

Unless you’re 60+ and own multiple paid off homes, odds are high this is YOU

— Amy Nixon (@texasrunnerDFW) August 29, 2023

See also China's economy faces its largest financial collapse, with bonds yielding under 2%, banks insolvent. Limited credit demand in China drives bond buying, not QE.

See also Eastern European Country's Loading Up on Gold to Hedge Against Geopolitical and Financial Chaos