Biden’s Incredible Shrinking Economy! Bank Credit Growth Negative For 10th Straight Week As Interest Rate On Short-term Loans Almost 10%!! (Ouch!)

#bubble, #inflation, #wine, @MetreSteven @JeffSnider_AIP @DiMartinoBooth @bondstrategist @RaoulGMI @LukeGromen @dlacalle_IA @EconguyRosie @profplum99 @SantiagoAuFund @biancoresearch @pboockvar @SriKGlobal, Bank of England, Bank of Japan, Banking, Brexit, C&I, China, CMBS, CRE, Credit, Cryptocurrencies, ECB, Economy, Existing Home Sales, fannie mae, Fed, Freddie Mac, Germany, Gold, Housing, Inflation, Jobs, Mortgage, New Home Sales, Powell, REITs, Silver, SPX, Stocks, Trade, Treasuries, Treasury, Uncategorized, Volatility, Wages, Yellen, Yield Curve 1 Minute

Bidenomics is failing catestropically. Example? As interest rates rise to fight Biden’s Federal spending splurges, bank credit growth slowed to -0.41% YoY for the 10th straight week of negative credit growth.

While interest paid on short-term loans almost 10%!!

“Jimmy, watch me tank the economy even worse than you did!”

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Published by confoundedinterest17

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