Alarming Proof of the US Economy's Disturbing Decline

TLDRUS economy shows signs of decline with alarming proof, including rejection of WeWork leases and exposure of commercial mortgage-backed securities. European Central Bankers continue to talk contradictorily, while China's economy faces potential deflation. The Federal Reserve and global central banks are hoping for a soft landing, but evidence suggests otherwise.

Key insights

📉Alarming proof of the US economy's decline, including rejection of WeWork leases and exposure of commercial mortgage-backed securities.

💬European Central Bankers continue to talk contradictorily about the economy.

🇨🇳China's economy faces potential deflation, leading to concerns.

💼Central banks hope for a soft landing, but evidence suggests otherwise.

💰Rising credit card balances and delinquencies indicate potential economic trouble.

Q&A

What is the proof of the US economy's decline?

The rejection of WeWork leases and exposure of commercial mortgage-backed securities are alarming signs of the decline.

What are European Central Bankers doing?

They are talking contradictorily about the economy, causing confusion.

What challenges is China's economy facing?

China's economy is facing potential deflation, which raises concerns.

What do central banks hope for?

They hope for a soft landing, but evidence suggests otherwise.

What indicators show potential economic trouble?

Rising credit card balances and delinquencies indicate potential economic trouble.

Timestamped Summary

00:00The US economy shows signs of decline with alarming proof, including rejection of WeWork leases and exposure of commercial mortgage-backed securities.

03:08European Central Bankers continue to talk contradictorily about the economy, causing confusion.

07:02China's economy faces potential deflation, which raises concerns.

10:32Central banks hope for a soft landing, but evidence suggests otherwise.

11:48Rising credit card balances and delinquencies indicate potential economic trouble.