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Tag Archives: household debt
FLATTENING YIELD CURVE PORTENDS RECESSION
Reading time: 2,720 words, 9 pages, 6 to 10 minutes. “Events are converging ominously this summer in the direction of unwinding expectations and serial train wrecks of finance and politics,” writes James Howard Kunstler. [Link] In normal times, long-term interest rates … Continue reading
Posted in Collapse 2018
Tagged Australia, Baltic Dry Index, Bonds, Canada, corporate debt, Deutsche Bank, EU, Ford, Globally Systemic Important Banks, GOTS, Great Depression. Greater Depression, household debt, middle class, recession, social security, stock markets, stockpile, tariffs, the Fed, Trudeau, Trump, U.S., unemployment, yield curve
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Massive Worldwide Downturn Alert
Reading time: 4,380 words, 10 to 17 minutes. Another massive economic downturn is underway worldwide that will plunge the entire globe into another Greater Depression. Here we’ll focus on the U.S. downturn that has also begun in Canada. In the … Continue reading
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