The Puzzle Is Coming Together, Communication Blackout, Trump Sends Messages – Ep. 3356
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<figure class="wp-caption alignleft" id="attachment_22000" style="width: 300px;">
<figcaption class="wp-caption-text" id="caption-attachment-22000">Click On Picture To See Larger Picture</figcaption></figure>The people are seeing the difference between the blue states and the red states. The blue states are losing companies, jobs and the states are having problems. Auto loan delinquencies are rising. Debt for people are rising. Massie introduces a bill to end the Fed, all we need is a crisis. The [DS] is preparing to switch everything up. They pushed Biden into having a debate, if he goes through with it the people are going to see a drugged a man who cannot function. If Biden is forced to take a drug test he might back out, either way he loses. Iranian President is missing in a crash, will this begin the next phase of the war. Authorities are now warning that the under water communication cables could be cut. Trump sends multiple messages.
Economy
8 states and DC have fewer jobs than before the pandemic, while ID and UT have gained more than 11%, FL, TX, and NV more than 9%; IL and NY still aren't recovered and likely won't be anytime soon; public policy has consequences: pic.twitter.com/8KU2ta1I5k
— E.J. Antoni, Ph.D. (@RealEJAntoni) May 18, 2024
BREAKING: Auto loan serious delinquency rates surged to 2.8% in Q1 2024, the highest level since 2010.
90+ day delinquencies have been rising a pace last seen during the 2008 financial crisis.
Auto loans held by US households jumped by $9 billion in Q1 to $1.62 trillion, an all… pic.twitter.com/iwQf4a5ulD
— The Kobeissi Letter (@KobeissiLetter) May 18, 2024
- time high. This means $45 BILLION of consumers’ auto loans are on the brink of default. Meanwhile, car insurance inflation jumped to 22.6% in April, the largest one-year increase since the 1970s’. US households are missing loan payments as if a recession is here.
Total household debt is now up $3.5 trillion since 2020.
That’s a 25% increase in total household debt over just 4 years.
With higher rates returning for longer, this debt is becoming expensive for consumers.
Follow us @KobeissiLetter for real time analysis as this develops.
— The Kobeissi Letter (@KobeissiLetter) May 18, 2024
- When Donald Trump released a video where he said, “Biden’s pro-China economic program puts America last, and it’s killing our
United States
