Debt-clogged world close to tipping point of recession.

[MattS]

The risk of global recession has suddenly jumped several notches, as the accumulated damage from US President Donald Trump’s trade wars and worldwide monetary tightening is taking a bigger toll than hoped.

A mounting weight of evidence suggests the world is one shock away from a contractionary vortex that would be extremely hard to control.

https://www.stuff.co.nz/business/world/110842731/debtclogged-world-close-to-tipping-point-of-recession

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[Tony Koretz]

When stuff like this is hitting the mainstream it should be ringing warning bells for everyone folks!

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[Tony Koretz]

Also this article by Brandon Smith is worth a read ( as usual)

Fed Tightening And Crumbling Fundamentals Expose The Recovery Lie

For the past several months the housing market has been in steep decline, with sales cratering in December by 10.3%. Housing prices are falling in many areas of the country, but lag (as they tend to do) far behind the more immediate indicator of sales. The Fed’s increasing interest rates have translated to higher mortgage rates across the board. Without low interest rates corporate buyers are leaving the market, resting the fate of housing on normal consumers who clearly do not have the capital or credit.

Auto sales have been comparatively dismal, posting declines through the end of 2018 into early 2019, with 2019 expected to be the worst year overall. Once again, with rising interest rates, major purchases have become less appealing to the average consumer.

Retail sales have now posted the worst December numbers since 2009. Retail sales are often presented by the mainstream media as the end all argument for economic recovery. Yet they fail to mention the problem of consumer credit, which has ballooned over the past several years to record highs. In our unstable economic environment, low interest rates fuel debt, debt fuels credit and credit (instead of savings) fuels consumer purchases. Without low interest rates, the entire house of cards comes tumbling down.

READ MORE http://www.alt-market.com/articles/3667-fed-tightening-and-crumbling-fundamentals-expose-the-recovery-lie

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[Vlad]

Every where you look/listen…a lot of countries are all ready in recession or depression. When a country pumps over 1 trillion phoney printed dollars into a country very year and can’t see any growth in GDP that amounts to anything or is shrinking, a child should be able to determine they have long been in a depression in reality. Humpty Dumpty has already fallen but at just what hour he hits the ground is yet to be realized. Mean while inflation keeps growing and wages keep shrinking or stalling in real terms. Plain and simple…..just check your buying power. As the old old old saying goes…the emperor has NO clothes and has not had any for a very long time. Time to get our heads, hearts and spirits in order if we have not yet.

[Tony Koretz]

Vlad wrote:

Every where you look/listen…a lot of countries are all ready in recession or depression. When a country pumps over 1 trillion phoney printed dollars into a country very year and can’t see any growth in GDP that amounts to anything or is shrinking, a child should be able to determine they have long been in a depression in reality. Humpty Dumpty has already fallen but at just what hour he hits the ground is yet to be realized. Mean while inflation keeps growing and wages keep shrinking or stalling in real terms. Plain and simple…..just check your buying power. As the old old old saying goes…the emperor has NO clothes and has not had any for a very long time. Time to get our heads, hearts and spirits in order if we have not yet.

That’s a very good analogy about Humpty Dumpty. Like I have heard some say: “The financial system died in 2008, and has been of life support ever since.”

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