Comments by "BrickTop" (@bricktop7803) on "Bankruptcy Filings Just Spiked as Federal Reserve Throws Small Business a Lifeline" video.

  1. RJ is using the same language as my comment 5 days ago on the FED pivot. The FED were spooked by some data as I suggested 5 days ago, that is clearly evident. Eighty percent of US employment is from small to medium businesses, and they are collapsing as QT bites and small banks cannot hand out cheap loans anymore. That is what has spooked the FED, that and retail sales figures for November\December. That is another marker for the FED, they know the economy is in serious trouble when retail sales collapse. People are broke, missing their student loan payment. The FED doesn't need the retail sales data in January like before, they can read it in real-time with digital payments. The markets went nuts when Powell apparently agreed their mantra that there should be a cut sooner. Now every FED member is back pedalling on Powell's error.. The global Western Developed Economies are in serious trouble, it is NOT just the US. One wrongly answered question by Powell can trigger an economic disaster.
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  2. That wont happen for another 4 years dude. Property prices always lag 4 years behind a recession. It takes a year for foreclosure to occur at least.
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  3. Not very bright.
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  4. No, the debt is not finalised until they finish their course.
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