We Just Surpassed 1929 in THIS Indicator! The New Subprime Crisis is Unfolding!

in money •  7 years ago 


The entire financial system in unraveling. There’s no way to stitch it back together. Way too much debt and the slowest growth are visible which is absurd considering the historic levels of intervention. I hope the Fed has their printing press ready.

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ℹ️Sources Used in This Video ℹ️
https://goo.gl/UpprQe

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S&P 500 should be 1,000-plus points lower than it is today, strategist Rosenberg says - MarketWatch
https://www.marketwatch.com/story/sp-500-should-be-1000-plus-points-lower-than-it-is-today-strategist-rosenberg-says-2018-05-12
Eisman Of ‘The Big Short’ Fame Recommends Shorting Deutsche Bank - Bloomberg Quint
https://www.bloombergquint.com/markets/2018/05/14/eisman-of-big-short-fame-recommends-shorting-deutsche-bank#gs.yqg1Wzg
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Auto Indices
https://www.fitchratings.com/site/structuredfinance/abs/auto
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Yeah but what do you think the public would say to another round of bailouts ❓🤬 🤯