The US Economy Now Has:
1. 63 banks on the brink of default according to the FDIC
2. Over $500 BILLION of paper losses held by banks
3. Declining GDP growth with rising inflation
4. Over 50% of Americans believe we are in a recession
5. Lowest mortgage demand in over 30 years
6. A record $17.7 trillion in total household debt How is this a "soft landing?"
https://x.com/KobeissiLetter/status/1797975642883215513
