Warning: Reverse Repo Reservoir Dries Up, Bank Credit Contracts – Wall Street’s $2 Trillion Lifeline Drains Rapidly, Posing Questions on Financing Washington’s Deficits November 23, 2023 1:22 pm
1 in 5 Applicants Rejected for Credit; Americans Raiding 401(k)s to Cover Basic Living Costs November 21, 2023 1:07 pm
Biden’s Brawndo (The Economic Mutilator)! Fed Paid Treasury $76 Billion In 2022, $200 Million Every Day, Bank Willingness To Lend Crashes, Bank Credit Falls For 16th Straight Week, Biden Enacts War Powers To Get Households To Use Inefficent Electric Heat Pumps November 20, 2023 11:44 am
“Once your money can be controlled, censored, and monitored by the government, then that is what ties into social credit systems” November 20, 2023 8:37 am
A major credit accident is unavoidable and stocks will drop sharply when it happens. November 17, 2023 3:43 pm
Market Shifts Toward Credit Risk From Interest Rate Risk as PPI Takes a Hit; Fitch Foresees Ongoing Struggles for US Regional Banks; Corporate Bankruptcies Surge November 16, 2023 11:55 am
Credit Card Defaults Surpass 2008 Crisis Levels, US Consumer Debt Hits $17 Trillion. November 15, 2023 9:40 am
Credit Card Debt Hits 10-Year High, Raising Concerns Before Holiday Shopping November 10, 2023 2:33 pm
When Credit Dies, So Does the Currency… U.S. Government Faces Trouble Borrowing Money November 10, 2023 9:50 am
Credit Card Balances Mask True Borrowing – Surge in Spending Reflects in $1.08 Trillion Balances November 9, 2023 4:22 pm
DIGITAL ID: This is WeChat in China, it tells you when people with low social credit scores are around November 9, 2023 1:01 pm
Massive Unpaid Credit Card Debt Spells Financial Peril for Banks and Shareholders, with $C, $GS, and $BAC Feeling the Heat November 8, 2023 9:05 pm
Credit card debt in the US has hit an all-time high of $1.08 Trillion (The average interest rate on credit cards is now over 20%, also an all-time high) [Balances have increased $154 Billion year over year, the largest increase since 1999]; U.S. Household debt reaches $17.29 Trillion November 8, 2023 7:35 amNovember 8, 2023 7:00 am
Credit Crisis Is About To Trigger A Flood Of Bankruptcies As Banks Warn About Serious Risks November 3, 2023 8:45 pm
Surge in U.S. Corporate Bankruptcies Signals End of Easy Money Era Amid Contraction in Bank Credit November 2, 2023 4:39 pm
Record Credit Card and Car Loan Defaults as 447,000 Americans Juggle Two Full-Time Jobs November 2, 2023 11:49 am
Income to Buy a Home Is Just Simply Unaffordable, Credit Card Delinquencies Highest Since 1991 November 2, 2023 3:23 pmNovember 1, 2023 7:12 am
Simply Unaffordable! Income Needed To Buy A Home Is $111k While Median Household Income Is Only $78k, Credit Card Delinquencies Highest Since 1991, REITs Down > -10% YTD (Bitcoin, Gold UP YTD!) October 29, 2023 2:28 pm
Reality Check: U.S. Savings Rate Drops to 3.4%, Challenging Notion of ‘Excess Savings; Record High Retail Credit Card Rates at 28.93% – Up Nearly 20% Since 2021 October 27, 2023 1:44 pm
Addicted To Gov? US Added $600 Billion In Debt In One Month And $10.47 TRILLION Since Covid Outbreak, Credit Card APR Now 28.93% As Credit Card Debt Exceeds $1 TRILLION, Family Healthcare Costs Surge 7% To $24,000, Q3 Real GDP Rises 4.9% October 26, 2023 11:23 am
Record high credit card interest rates are likely to hit the bottom 50% of earners the hardest as they’ve been borrowing to make ends meet October 26, 2023 10:31 am
US Credit Card Debt Surpasses $1 Trillion Amidst Soaring Rates and Growing Financial Vulnerability October 25, 2023 9:56 pm
Subprime credit card borrowers are delinquent at rates approaching the Great Financial Crisis October 25, 2023 9:13 pm
The IRS is tackling fraud and abuse in the ERC tax credit, which expired in 2021 due to claims boom. The credit has cost taxpayers $230 billion, triple earlier estimates. October 25, 2023 10:31 am
Back In Red! C&I Loan Lending Standards Tightening To Recession Era Levels (Bank Credit Growth Remains Negative For Twelve Straight Week) October 24, 2023 10:12 pm
Euro Zone PMI Hits 3-Year Low, Fuelling Recession Concerns as Credit Tightening Continues October 24, 2023 12:50 pm
The Worst Credit Crisis Of Our Lifetime Is About To Collapse The Standard Of Living In America October 22, 2023 8:46 pm
