X22 Report:Global Corporate Defaults On Pace To Pass 2009 Record, Economic Implosion

Saturday, July 16, 2016
By Paul Martin

Umich consumer hope declines. Retail sales have not improved and the trend is still declining. Business inventories signaling recession. Industrial production & Empire Manufacturing declining. Global Corporate defaults at 2009 levels and we are only half way through 2016. Credit cycle back to 2009 levels. Obama lied to the people of the UK about the trade agreement.

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