The Illusion-formerly-known-as-the-economy
This year, the U.S. will claim a 1.5% growth by borrowing 3% of GDP
This year, the U.S. will claim a 1.5% growth by borrowing 3% of GDP
A strategy also known as borrowing the grandchildren into fucking oblivion
Jobs per capita
Part-time McJobs where there used to be real jobs:
8 million jobs were lost after Lehman. Eight million have been subsequently "created" (thanks to a doubling in Federal debt). However, of the new eight million jobs, as we see below, four million part-time McJobs now exist where there used to be real jobs:
Median household income
20 year low
Stock prices divided by debt
Federal Debt per person: $55k
This entire 5 year delusion cost each household an additional $100k
35 years of Ponzinomics
The Buffoons will keep lying until they achieve collapse
Total debt as % of GDP (350%) with Fed funds rate (0%)
Student Loan Disaster Visualized
The only type of debt that can't be discharged in bankruptcy. Cov-lite loans issued to pay *special* dividends to offshore bank accounts can be discharged, but not student loans. Is this a great fucking system? Or what?
New Home Sales
Back at levels first seen in the 1960s
T-bonds not fooled nor impressed
Importing deflation from the Third World with debt at 350% of GDP
End game approaching i.e. Deflationary Collapse
Back at levels first seen in the 1960s
T-bonds not fooled nor impressed
Importing deflation from the Third World with debt at 350% of GDP
End game approaching i.e. Deflationary Collapse
