Friday, June 16, 2017

Uncreative Destruction aka. Shock Doctrine 2.0

It's a new concept invented by the Idiocracy, to the benefit of the jobless consumer...

"Then they tried it at home"




Fedplosion has been 100% completed while gamblers were counting their fake wealth:




It only took four rate hikes this time to implode the housing market:



ZH: Housing Starts Worst Streak Since January 2009





Job creation




Commodities




Gasoline Demand and Oil




Commercial and Industrial Loans




Reflation




Auto loans and leases




Retail



Granted, the Fed had some assistance imploding retail with the help of Amazon







Walmart




Target




Kroger