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HOW THE US $ HAS LOST 86% OF ITS VALUE
• How The US Dollar Has Lost 86% Of Its…
Recession: The Stars Continue To Align
https://www.forbes.com/sites/greatspe…
1.CREDIT CARD BALANCES ARE AT RECORD LEVELS W/ INTEREST RATES IN THE MID 20% RANGE WITH RISING DELINQUENCIES
2.EARNING FOR THE RETAIL INDUSTRY ARE BEING CUT AS MAJOR RETAILERS REDUCE GUIDANCE
3.STOCK ANALYSTS HAVE BEEN CUTTING THEIR EARNINGS FORECAST
4.BANKS HAVE CUT DOWN ON STAFF AND REDUCED LENDING TO BOTH CONSUMERS AND BUSINESSES WHILE UPPING THEIR LOAN LOSS RESERVES
5.HOUSING AFFORDABILITY IS AT A 35 YEAR LOW BECAUSE OF HIGH PRICES AND HIGH MORTGAGE RATES AT ABOUT 8%
6.OVER 2800 STORES ARE CLOSING IN THE US FOR 2023
MORE THAN 2800 STORES ARE CLOSING ACROSS THE US IN 2023 HERES THE FULL LIST
https://www.businessinsider.com/store….
An Insider tally of announcements by 20 major retailers in 2023 finds as many as 2,847 stores have closed or are set to close across the US. The rationales are varied: Some companies are navigating bankruptcy proceedings, while others say they’re aiming to cut costs.
