THIS is When You Know the Economy About To Fall! High Risk Bad Loans Soar Passed 2008!
The economy is weak. It’s very weak. FANG stocks are up though. But since main street and wall street are completely disconnected we need to look into different sources of information to be able to determine the direction of the economy. Are you ready?
52.1% of Kids Live in Households Getting Means-Tested Government Assistance
https://www.cnsnews.com/commentary/terence-p-jeffrey/521-percent-kids-live-households-getting-means-tested-government
Lenders Shunned Risky Personal Loans. Now They’re Competing for Them. - WSJ
https://www.wsj.com/articles/lenders-shunned-risky-personal-loans-now-theyre-competing-for-them-1535103000
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Wells Fargo lays off more than 600 mortgage workers | Reuters
https://www.reuters.com/article/us-wells-fargo-layoffs/wells-fargo-lays-off-more-than-600-mortgage-workers-idUSKCN1L922Y
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Here comes the pain again . Sounds like an EURYTHMICS tune = Here comes the rain again . LOL Maybe someone should make a song about it . LOL 😆