He went to Home Depot at opening and he was the only person there. The front of the store was packed with inventory. Many thousands of dollars of goods sitting outside getting ruined.
No builders buying materials or tools.
We are seeing the evidence that the economy has cratered. House sales are fucked and the prices are being discounted hard. Car loans underwater. RV manufacturers stopping production. Expensive watches flooding exchanges and dropping in price by 20%.
Companies are doing hiring freezes despite being understaffed because they see the tide has turned.
Even rich people are tightening their spending and off loading luxuries they don't need.
The economy has ground to a halt.
China has already seen their banking sector become so insolvent that people can't get their money out of the banks. This will cause contagion world wide and accelerate the crash.
The stock markets will soon be faced with investors looking to remove their money. Then it will go fast.
It's about to get crazy.
This was all the fault of the retards that went along with the covid hoax. Now the death toll from the collapse will obscure the deaths from the vax. That's why governments everywhere are putting the boot to their own economies.
SteppingRazor 0 points 1.8 years ago
This. I also save more when the interest rates go up, getting close to 2% for savings now.