Dec 03

Consumers Lose Grapple with Reality, “Decline in Economic Aspirations” Sets in

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2 Responses to “Consumers Lose Grapple with Reality, “Decline in Economic Aspirations” Sets in”

  1. squodgy Says:

    Corporate debt defaults….ordinary businesses with overdrafts and/or loans, grappling with total world slump in demand. A classic rock & hard place scene.

    Thank goodness those forward thinking banksters only advanced 50% of the market worth on the secured assets when creating the loans from thin air!

    At least the banksters will not lose out. We don’t want that, do we?

    Only the employees, suppliers & management will suffer. That’s OK then.

    http://theeconomiccollapseblog.com/archives/alarm-bells-go-off-as-11-critical-indicators-scream-the-global-economic-crisis-is-getting-deeper

  2. Infinite Says:

    Hi squodgy,

    Posted this already here:

    http://www.infiniteunknown.net/2015/12/03/alarm-bells-go-off-as-11-critical-indicators-scream-the-global-economic-crisis-is-getting-deeper/

    Thanks!

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