A massive credit card debt catastrophe is coming. Even though we are not yet in a recession, banks are already perilously close to collapse.

Default rate on credit card loans from small lenders is now higher than: Dot Com bubbleFinancial CrisisC-19 Buckle up. pic.twitter.com/1dBkzHOI1X — Bravos Research (@bravosresearch) September 7, 2023 Americans are defaulting on their credit cards and auto loans at levels not …

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The recession hasn’t even started, and we’re seeing massive weakness worldwide and government struggling.

Keep in mind: Liquidity matters! pic.twitter.com/Umk4CilqDY — Holger Zschaepitz (@Schuldensuehner) August 28, 2023 ⚠️ 𝗙𝗥𝗘𝗡𝗖𝗛 𝗖𝗢𝗡𝗦𝗨𝗠𝗘𝗥𝗦 𝗠𝗔𝗦𝗦𝗜𝗩𝗘𝗟𝗬 𝗖𝗨𝗧𝗧𝗜𝗡𝗚 𝗘𝗦𝗦𝗘𝗡𝗧𝗜𝗔𝗟 𝗣𝗨𝗥𝗖𝗛𝗔𝗦𝗘𝗦, 𝗖𝗔𝗥𝗥𝗘𝗙𝗢𝗨𝗥 𝗖𝗘𝗢 𝗪𝗔𝗥𝗡𝗦 Full Story → https://t.co/zME1YTyaFi "We are seeing a non-spending tsunami in France." pic.twitter.com/ObkiNwVLaA — PiQ (@PiQSuite) August …

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Eurozone goes into recession; what sectors to buy?

by Hagtzel LONDON, Aug 23 (Reuters) – Euro zone business activity declined far more than thought in August with the slide in Germany particularly fast, while some inflationary pressures returned, surveys showed. Wednesday’s purchasing managers’ indexes complicate matters for the …

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Netherlands enters recession

JUST IN – First Germany, now the Netherlands enters recession. — Disclose.tv (@disclosetv) August 16, 2023 All of Europe is sinking into recession and economic decline The latest country that joined the list of countries in recession today is the …

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How To Stop Inflation Without A Recession? Slow Federal Spending And Shrink The Fed Balance Sheet (Return To Demand Economy From Obama/Biden’s Command Economy)

by confoundedinterest17 Inflation is a killer to the middle class and low-wage worker. Yet there are always apologists for terrible Federal spending and Federal Reserve monetary policies. Like Alex Bereson with his “How we stopped inflation without a recession (hint: by …

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This recession starts in China…

Counter intuitive opinion, if CPI comes in slightly hot tomorrow they'll use that as a bullish narrative to "prove" the U.S. economy is resilient in the face of Chinese deflation What the talking heads won't tell the public is unlike …

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Fed staff no longer predicts recession; Blackstone insiders dump stock

https://twitter.com/texasrunnerDFW/status/1686187300516954112 EVERYTHING IS GOING SWIMMINGLY: Car Loans Tougher to Get, More People Getting Rejected by Lenders. https://twitter.com/1200616796295847936/status/1686034230470451201 The total for all commercial properties that were in distress was $72 billion, in the US, up 13% from the first quarter, per Bloomberg. …

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