If you don't understand this post, then no offense, but I will be enjoying the money from those who bet wrong. I called the top a few weeks back and there have been minor gains, but that's it.
The credit market is almost 400% of GDP
Household debt is 130% of disposable personal income.
The savings rate is rocketing up, although income is going down.
Government consumption is going up a bit, and private consumption is going down quick.
Capacity utilization is at 68%, the lowest since 1970.
Household net worth has the longest string of losses since 1950.
Comments appreciated.
