The Last Time THIS Happened, It Was 2008! Mountains of Debt Will Topple the House of Cards!
There are literally hundreds of indicators now that make it an undeniable fact, that this is the Financial Crisis Part 2. We have either matched or surpassed 2008 in countless ways. It has become so bad, yet all of this has been overshadowed by the U.S. stock market having a small handful of stocks that have performed extremely well. But the actual real economy is in such a terrible situation. So what gives?
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ℹ️Sources Used in This Video ℹ️
https://goo.gl/UpprQe
Total Revolving Credit Owned and Securitized, Outstanding | FRED | St. Louis Fed
https://fred.stlouisfed.org/series/REVOLSL
Student Loans Owned and Securitized, Outstanding | FRED | St. Louis Fed
https://fred.stlouisfed.org/series/SLOAS
Civilian Labor Force Participation Rate | FRED | St. Louis Fed
https://fred.stlouisfed.org/series/CIVPART
Velocity of M2 Money Stock | FRED | St. Louis Fed
https://fred.stlouisfed.org/series/M2V
fredgraph.png (900×470)
US-Fed-Balance-sheet-2018-05-03-Treasuries.png (510×378)
SP500-RSI-050718.png (900×396)
CAPE-5-Ratio-SP500-050818.png (1096×581)
2018-05-08_5-25-22.jpg (890×466)
Dimon Says Prepare for 4% Yields, Potential Volatility Rise - Bloomberg
https://www.bloomberg.com/news/articles/2018-05-08/dimon-says-prepare-for-4-yields-sees-potential-volatility-rise
95,745,000: Record Number Not in Labor Force as Boomers Retire
https://www.cnsnews.com/news/article/susan-jones/95745000-record-number-americans-not-participating-labor-force-boomers
socsec5.jpg (3109×2563)
italy2.jpg (967×796)
U.S. Consumer Borrowing Cools On Slump In Revolving Credit - Bloomberg Quint
https://www.bloombergquint.com/global-economics/2018/05/07/consumer-borrowing-in-u-s-cools-on-slump-in-revolving-credit
Deutsche Bank Weighs Cutting U.S. Staff by About 20% - Bloomberg
https://www.bloomberg.com/news/articles/2018-05-08/deutsche-bank-is-said-to-weigh-cutting-u-s-staff-by-about-20
a-dental-hygienist-cleans-the-gums-of-a-patient.png (620×349)
Exclusive: Conoco moves to take over Venezuelan PDVSA's Caribbean assets - sources | Reuters
https://www.reuters.com/article/us-conocophillips-pdvsa-assets/conoco-moves-to-take-over-venezuelan-pdvsas-caribbean-assets-sources-idUSKBN1I70RA
venezuela production.jpg (890×594)
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Very informative. I am surprised you use steemit, it seems you are into the crypto space and that is superb.
I research crypto a lot and from my perspective crypto will be a definite factor in this financial crisis, since this is a new space and money isn't doing well here with manipulation and lack of regulation at the current moment. A double edged sword, like the Dotcom, which has a lot of good stuff, but a lot of bad stuff with it.
Based on the grey line, which i assume is the RSI, when it drops like that or a few times it bounces in that range, there is a delay on the SPX. So meaning right now as the RSI holds in that range we can expect the SPX to drop down after a while (we can see that already, but it's not alarming).
I wonder are there any sources of info, where it says what you can do to prepare for these kind of events and where to put your money (or just take your money out of the bank). Mainly i wonder what people did in the:
There should be historical examples of what people did. Most say to buy metals like gold or silver, but as i read farmland can be good too.
Good videos, i'll keep track of you on steemit and on dtube (i assume you don't get money on youtube).
A recent statistic showed that the USA corporation 🇺🇸 communist federal criminal organization employs almost 25 million useless egg sacks ⁉️ One million would be seen as an over bloated government ❗️🤨