The Global Economy Is Under Pressure- One Pf The Biggest X Factors Investors And The Masses Face Is Corruption In Government And The Fact That We Have No Real Say Or Input Into How Things Will Be Resolved In The Case Of A Crisis.
According to www.theburningplatform.com - Inflation is hitting everyone. I also reported how the “rich” are experiencing higher rates of credit card delinquencies than ever before. Delinquencies across all tax brackets are exceeding pre-pandemic levels, and the central bank has called this a “trend” that is now “accelerating.” These delinquencies will eventually fall on the banks who are already experiencing a liquidity crisis. Every survey shows that Americans are relying on credit more so now than ever before. A Few Thoughts About The State Of The Economy Below are a few current thoughts and takes about the "State Of The Economy." The world and markets seem to be on autopilot. There is "no here there," and by that I mean it is chugging alone despite itself. Everything is connected and intertwined in a way that leaves the whole system in a fragile state. Our financial system and economy are so complex and opaque that it is impossible to predict where and when it...