The time frame through which we have all lived over the past 15 years has been largely artificial, and the prosperity we experienced wasn’t prosperity at all – rather, it was a prosperity illusion.
There are signs that the economy is beginning to slouch toward recession.
The consequences of deficit spending will eventually emerge, long after the short-term shot in the arm of unsustainable deficit spending.
There are many signs that US global dominance is coming to an end.
UAW members voted to strike if they determine it makes sense.
The Conference Board’s Leading Economic Indicators (LEI) continued its decline in July, falling 0.4% month-over-month. This is the 16th straight monthly decline in LEI (and 17 of 18 months) – the longest streak of declines in the LEI since the failure of Lehman at the time of the Great Financial Crisis, when the LEI declined for 22 consecutive months.
The US economy is more than 70% dependent on consumer spending, and when the consumer can’t spend, the economy suffers.
The evidence that the US Dollar is continuing to weaken globally continues to grow by the day.
It’s important to remember that this credit tightening is occurring at the same time as the demand for loans is falling.
If you are not using the Revenue Sourcing planning process in your personal financial situation, it may be time to take a closer look.