Wednesday, August 23, 2017

Buried By Exceptional Bullshit

Bonds just received their daily dose of deflation, compliments of another fake news narrative attempting to explain away collapse in broad daylight. The Idiocracy's primary preoccupation...

Bearing in mind that the U.S. population has grown 60% since 1970

It gets worse...

"Newly built homes are more expensive than they've ever been before. They are also more expensive when compared to similar existing homes than they've ever been before. And that is why sales are suffering"

Inflation adjusted home prices with home builder, Lennar:


Bonus chart:

3rd wave down on Bitcoin, coming up...