Tag: Debt

A Dark Age Winter of Discontent in Europe – Part 2

European lords are guiding a sanction-driven train wreck and arrogantly blame Russia for energy shortages and Europe’s economic turmoil.

Record Student Loan Debt and the Clueless Mob’s Forgiveness Finale

Biden’s socialist wealth transfer is paid by 2/3 of Americans with no degree for 1/3’s education as a crass political payoff. Debt is never wiped out.

New Car Sales Plunge as Affordability Tanks and Repos Spike

Deteriorating supply vs. demand in the auto industry and warnings about indebted plebes with car loans slated for the delinquent parking lot.

The Evergrande Default Notification and a Crypto Flash Crash – Part 2

It’s likely that large chunks of capital are being intermittently sold to eliminate exposure to fallout from Evergrande’s debt default process.

Growing Risk of Recession as Bread and Circuses Distract the Plebeians – Part 3

The Fed said everything was under control, but Jay Powell's "softish" recession is as close as it gets to whispering fire in a crowded theater.