Economic collapse news November 15, 2019. First we look at auto loans they have baloney to record heights on the back of soaring auto prices. This is probably what has helped contribute to the auto recession. A financial crisis from a collapse in auto loans would not be a walk in the park. We look at how debt has replaced the gap in wages and the standard of living. This has its limits is our next point. We look at a concerning signal that monetary stimulus may be losing its effectiveness historically speaking the collapse in credit expansion has already begun. Next we look a great recession indicator... CEO confidence tends to lead consumer confidence, which tends to determine spending. This gap has broken correlation before, right before every recession.
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