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Saving For a Space Ship

Debt Rat Mafia Island - Predatory lending as the way to respectability

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Debt Rat Mafia Island -

Predatory lending as the way to respectability

I liked this discussion with Max & Stacey 

https://www.rt.com/shows/keiser-report/446136-predatory-lending-respectability-way/

Quote

In this episode of the Keiser Report, Max and Stacy discuss the otherwise progressive apologist for a predatory lender who Obama wanted to run for President in 2020. They also look at the story of a drug smuggler turned predatory lender who is using the justice system to seize assets from his ‘clients.’ In the second half, Max interviews Michael Pento of PentoPort.com about the latest in markets and yield curves: does the inverted yield curve even mean anything?

Check Keiser Report website for more: http://www.maxkeiser.com/

 

Edited by Saving For a Space Ship

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The yield curve inversion point is interesting though. For those that don't know ...

The UK yield curve has been inverted at the long end for years. It has now inverted at the short end.

https://uk.investing.com/rates-bonds/uk-government-bonds

Here is how the yield curve relates to the S&P (shows recessions, US).

https://stockcharts.com/freecharts/yieldcurve.php

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  • 292 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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