Repo failures surged 50%, swap spreads hit record lows. Credit card delinquency rates are reaching 2008’s levels. When is the rug pull coming?

Commodities are not feeling very inflationary right now. https://t.co/cS1Yveed7h pic.twitter.com/LbdPayQmSx — Financelot (@FinanceLancelot) November 11, 2024 I'm keeping a close eye on 5 year and 10 year breakeven inflation. We saw a similar breakout in 2008 when inflation expectations were …

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US Budget Deficit Third-Highest on Record

By Martin Armstrong The United States Treasury reported a $1.833 trillion budget deficit for the fiscal year ending September 30. This marks the third-highest deficit on record, but it is solely due to government spending. The highest deficit happened in …

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Gold hits record high, diverging from dollar; Bank of America warns gold is last safe haven amid soaring U.S. debt.

Gold hits new all time high despite surging dollar; the precious metal has now completely disconnected from the greenback amid relentless central bank buying pic.twitter.com/4OfruCNNOV — zerohedge (@zerohedge) October 16, 2024 “Central banks around the world have also increased their …

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US credit card interest rates hit 23.4%, a record high, with debt at $1.36 trillion. Soaring rates and low savings create a perfect financial storm.

With savings rates at near-record lows, you have the perfect storm. ⛈️ https://t.co/3h3h5vXzaP pic.twitter.com/ng2y457iqa — The Great Martis (@great_martis) October 8, 2024 They’ve maxed out their balances. There’s no more pretend money to spend. Credit Card Spending Tanked in August; …

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We are going down a very DARK road

Re-filling the FEMA coffers to the tune of 12-14,000,000,000 was rejected 3 times in the last 2 years. US public debt has jumped $345 billion over the last 3 days hitting another record of $35.7 trillion. BREAKING: US public debt …

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