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Date Posted: Wednesday, June21, 12:55:pm
Author: a Bigger clique
Subject: Re: Long hot summer coming
In reply to: Say it ain't so 's message, "Re: Long hot summer coming" on Wednesday, June21, 10:18:am

The article's ten worst places are the same as the article it links to in its Monticello synopsis which is dated January 2020, note the unchanged median home values and unemployment rates as well. Whatever...
More relevant and up to date is the U.S. has had 26th straight months of negative real wage growth, a savings rate at its lowest since 2008, revolving consumer credit at record highs, consumer credit interest rates at record highs, 40% of Americans will use a BNPL loan within a few months w/ 20% just to buy groceriess, a restarting of student loan payments in a couple of months (averaging $425 per month per loan), national shoplifting at record highs, CRE chitting the bed, credit drying up, debt ceilingless creation, a push for a CBDLedger. There is growing global economic and political bifurcation, dedollarization and a nationalization of commodities.

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