In this episode of the X22 Report: US household debt has now hit levels back in 2008. More debt is good for the bankers not for the people. Loan demand is down and credit has recently crashed. Mortgage application have declined again during the hot season for real estate. Central bankers are continually trying to explain why the recovery has not taken off, this time it is because the older generation is hoarding their savings. US Government officials have said they have been calculating the GDP incorrectly and it should be at least .4% higher. They are trying everything to re-manipulate the numbers to make the economy look better than it really is. Bill Blain says the stock market is up and there is really no reason for it be this high, everyone is expecting a correction.
The deep state continually pushes their agenda to remove Trump. There is a battle going on and it is being waged right out in the open. The deep state and corporate media are trying everything to remove Trump. Senators have now written a letter asking for the memo and all documentation from Trump, Obama and Clinton. Trump wants the pentagon audited. Russia and Italy boost cooperation. South Korea is talking about packing up the THAAD system and sending it back to the US. Nikki Haley speaks in deep state speak, either your with the US or your with NK. Russian Ambassador might have been killed because he could have worked out peace with NK .US admits that they Syrian building is not a crematorium. US and Syrian forces are moving military assets for an offensive.
Listen to the episode below:
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