This is all while mortgage rates just hit 7.1% and credit card debt rates hit a record 25%.
Worst mistake is they are "fighting" inflation with debt.
This can't end well....
The U.S. Now Has:
1. Record $17.1 trillion in household debt
2. Record $12.0 trillion in mortgages
3. Record $1.6 trillion in auto loans
4. Record $1.6 trillion in student loans
5. Record $1.0 trillion in credit card debt
Total mortgage debt is now more than double the 2006 peak.
Meanwhile, 36% of Americans have more credit card debt than savings while student loan payments are set to resume for the first time since 2020.
Wheat jumps most in three weeks as India weighs export limits.
Foodflation is real courtesy Xi-Flation & Bidenomics which has brought the world to a Catastrophe.
No country is prepared for Food Crisis even today after so much warnings.
Welcome to Hunger Games....
'Made in China Crisis'
It all started with
Pandemic,
Slowdown,
Xi-Flation + Bidenomics,
Inflation,
Stagflation,
Food Crisis,
Energy Crisis,
Central Banks Over supply of Stimulus,
Plus above all Rising Global Tensions & Conflicts,
Welcome to the power shift to China
After effects of Xi-Flation & Bidenomics
This is Freight-Flation in US
US trucking rates rose 36.2% in October the most in three decades
Energy Crisis, Supply Chain Crisis, Oil prices, all resulting in one thing upward โฌ๏ธ prices of everything
Welcome to Stagflation....
#Turkey Lira hit another All-Time Low as Turkey unwinds FX support mechanism. Lira now down 28% YTD vs Dollar, 2nd worst currency in the world after Argentine Peso which plunged 30% YTD.
Everything you think you know about Warfare will change this year.
This year the War will not be just on ground between armies.
Its going to go Digital and destroy everything in its path with one click.
We are not ready for the Cyber War but it's coming....
Everything you think you know about Warfare will change this year.
This year the War will not be just on ground between armies.
Its going to go Digital and destroy everything in its path with one click.
We are not ready for the Cyber War but it's coming....
Everything you think you know about Warfare will change this year.
This year the War will not be just on ground between armies.
Its going to go Digital and destroy everything in its path with one click.
We are not ready for the Cyber War but it's coming....
Everything you think you know about Warfare will change this year.
This year the War will not be just on ground between armies.
Its going to go Digital and destroy everything in its path with one click.
We are not ready for the Cyber War but it's coming....
Everything you think you know about Warfare will change this year.
This year the War will not be just on ground between armies.
Its going to go Digital and destroy everything in its path with one click.
We are not ready for the Cyber War but it's coming....
Everything you think you know about Warfare will change this year.
This year the War will not be just on ground between armies.
Its going to go Digital and destroy everything in its path with one click.
We are not ready for the Cyber War but it's coming....
Everything you think you know about Warfare will change this year.
This year the War will not be just on ground between armies.
Its going to go Digital and destroy everything in its path with one click.
We are not ready for the Cyber War but it's coming....
Everything you think you know about Warfare will change this year.
This year the War will not be just on ground between armies.
Its going to go Digital and destroy everything in its path with one click.
We are not ready for the Cyber War but it's coming....
Everything you think you know about Warfare will change this year.
This year the War will not be just on ground between armies.
Its going to go Digital and destroy everything in its path with one click.
We are not ready for the Cyber War but it's coming....
Everything you think you know about Warfare will change this year.
This year the War will not be just on ground between armies.
Its going to go Digital and destroy everything in its path with one click.
We are not ready for the Cyber War but it's coming....