The Economic Euphoria Has Reached New Heights, When It Crashes... - Episode 1345a
Companies are starting to figure out that many of the clicks on social network ads are coming from bots, they are now scaling back on advertising. Pending homes sales popped up but when you look at the overall picture housing has gone nowhere. Dallas Fed soft data improves while the hard data crashes.
Majority of the economic data is declining, there has been no improvement and the economy euphoria is coming to and end, when it does it will be a disaster. The EU is in trouble their bank insurance will not be able to cover a major disaster. The amount of tax revenues coming into the government can not keep up with the debt.
Thank you for the update
Thanks
Thanks Dave, good report, i had no idea that they were only taking in 128 million a day and spending over 400 million a day, its going to be bad when it all comes down.
Please watch the X22 Report!
The BIG RESET is COMING!
Hard data is crashing. Get ready.
Yes, be prepared and continue preparing.
This post has been ranked within the top 50 most undervalued posts in the first half of Aug 01. We estimate that this post is undervalued by $14.70 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Aug 01 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
It certainly isn't looking good although the markets are through the roof. I wonder how many average, normal joe's are involved in the markets with so many barely getting by or even out of work? Seems to me the rich are the one's involved as usual. I wonder how the markets are being propped up these days since we stopped pumping $85 billion a month into it. Could it be the EU's now pumping $80 billion euros into it per month now or Japan's 80 Trillion yen a year? So although we say we stopped QE others just took the reigns. Hmmmm............ these numbers baffle me but help me to realize why the card house is still standing..............
Its going to be pretty bad for my community on the south side of Chicago. I don't seem to be able to get anyone to talk about this around here. When the chaos begins, which I sense it has already, it's going to be hard to imagine this bad situation getting worse. A community with no jobs, no money and no food stamps. O my God