Why The Private Sector Cant Get Bank Credit
The private sector is being pushed out of bank credit. The recession that everyone is talking about is not only here, but it is worse than the government stats would indicate. This is very essential to our financial and economic situation in the U.S.
Watch more of this short video from 'Major Wipeout' Of Fiat Currencies This Year To Cut Dollar In Half? | Alasdair Macleod
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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
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