The Credit Has Run Dry

MAXED [The Daily FWD] August 31, 2023 [UNSUBSCRIBE]( The Credit Has Run Dry Good Morning Reader, Today we’re going to cover issues like why the climate “scientists” got too big for their britches, the biggest transfer of wealth you’ll see today, how to avoid a FOMO trap and why our economy is at a standstill (of sorts). But first, Dave Gonigam will tell you about why a recession can sometimes not look like a TRUE recession. Let’s dive in… [Click here to learn more]( News: Dave Gonigam – Maxed Credit Card. Now What? We don’t buy into the Wall Street ‘Goldilocks’ or ‘soft landing’ scenarios. In fact, there are so many strikes against these conclusions, including: Inverted yield curves (a bet on much lower interest rates), negative swap spreads (indication of bank balance-sheet constraints), tightening credit standards, reduced commercial lending, distress in commercial real estate (CRE), declining industrial output, contracting world trade… Trade disruptions (from the Ukraine war), Bubble-type valuations on the stock market. Plus, many more red flags — the list could go on and on. [⇒ Read More Here]( [Click here to learn more]( Recommended Reads: [Will Inflation’s Second Wave Wipe Out America’s Middle Class?]( During the 1970s, inflation lasted for years and came in three separate waves. Each wave was far worse than the last. [Today, the same exact thing is happening again.]( Is the price of food, gasoline, housing and more about to skyrocket even higher? WARNING: The next wave of inflation could wipe out America’s middle class. [⇒ Get ready for “Inflation’s Second Wave.” Click here now to see my urgent warning.]( [Click here to learn more]( Politics: Brian Maher – The Three Wisest Words on Earth Science — contrary to the claims of the Dr. Faucis of this world — is never “settled.” Scientific theory may be validated by experimentation. Yet scientific theory can never be proven. Against every scientific theory flaws relentlessly conspire. They merely await their chance. The scientist never truly knows. [⇒ Read More Here]( [Click here to learn more]( Retirement: Sean Ring – The Great Wealth Migration Western demographics are a disaster because no one can afford to have kids. Decades of low interest rates have made houses, cars, and children too expensive. So, politicians think the answer is mass migration when the honest answer is higher interest rates. [⇒ Read More Here]( [Click here to learn more]( Markets: Chris Campbell – Before You FOMO Into Bitcoin (Read ASAP!) Bitcoin! ETF! SEC! Grayscale! These are the buzzwords lighting up social media, giving many crypto investors that sweet tingling sensation… As if they're about to miss out on the biggest run of the century. They’re not entirely wrong. But they’re not entirely right, either. [⇒ Read More Here]( [Click here to learn more]( America: Sean Ring – Why We Don’t Feel Fed Hike Pain Yet USG interest expense is approaching $1 trillion. History won’t be kind to the Congresses and citizens of this era. Future generations, who’ll still be paying off this debt, will wonder how previous generations felt fit to pass on the cost of its frippery to them. How come the pain hasn’t trickled down yet? [⇒ Read More Here]( That’s all for today, we’ll be back tomorrow with more of our top articles. Every Friday we address as many reader emails as we can. You can email us [here](mailto:feedback@paradigmpressgroup.com?subject=Daily FWD Feedback) with any questions or feedback. We look forward to hearing from you! Looking forward to your financial future, [The Daily FWD] The Daily FWD [feedback@paradigmpressgroup.com](mailto:feedback@paradigmpressgroup.com?subject=Daily FWD Feedback) Recommended Reads: [Urgent “Red Alert” Warning For This Friday]( Due to the controversial nature of the following content, [this urgent “Red Alert” warning]( will be taken down on Friday at 4:00 PM ET. Don’t miss out, otherwise you could get blindsided. [Click here now for access](. ----- [Click here to learn more]( [⇒ Click here now]( [Paradigm]( ☰ ⊗ [ABOUT]( [Contact Us]( © 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your The Daily FWD e-mail subscription and associated external offers sent from The Daily FWD, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. 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