QVMS - 13 Major Fails: A Quick Rundown Of Our Rundown Economy
- Plunges in sentiment like we are seeing right now only go this far during a recession. People don’t need the government to tell them we are in a recession to start feeling like we are in a recession.
- The unprecedented mountain of consumer debt leaves us far less resilient to withstand the Fed’s plan to rapidly raise interest rates in an already badly flailing economy and simultaneously start sucking money out of the economy in June.
- A major wakeup call is in the works as markets realize the Fed is not going to come and save them this time. Here we take a look at some fail factors too big and too obvious to deny.
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13 Major Fails: A Quick Rundown Of Our Rundown Economy