Category: Wages

Auto Loan Affordability Tanks, and Delinquencies at Three-Decade High

Subprime is securitized into ABS derivatives that’s reminiscent of mortgage-backed securities that were responsible for the Great Financial Crisis.

Bubble, Bubble, Housing Market Toil and Trouble: Capitulation

Buyer sentiment and data points appear to have entered a phase that mirrors the Great Financial Crisis housing bust to boom cycle, or worse.

The Recession Arrived With Wardogs and Goldilocks’ Hopium in 2023 – Part 4: Shark Bait

Most Americans are acutely aware of why the Bidenomics success narrative is nothing but a huge pile of stinking manure.

The Recession Arrived With Wardogs and Goldilocks’ Hopium in 2023 – Part 3

The Wall Street Journal handed Biden a bullhorn last week to disseminate his clueless fantasy on the current state of the United States economy.

CBDC Panopticon Prison Via the Fugazzi Crypto Bust

Let me get this straight: folks who promoted crypto as a decentralized safe haven are blaming FTX on the lack of government oversight.