07.04.23- Wall street Journal Report Review: Banks problem / Consumers debt, business also / Job openings are historically HIGH / watch video

By alexisread | Maybe also, your wisdom | 7 Apr 2023

Wall street Journal Report 06.04.23-Review:

Banks have a problem / US Produce less, sell less /

Consumers have more debt / Job openings are historically HIGH

Acoording to the review, the Banks raise their lending standards . The picture in the report can tell us that, almost 45 % of banks have reached this statement.

This is the area, in which changes have happend historically ,until now.
A recession is before our nose.

Global manufacturing rises but the Us manufacturing economy isn´t looking that good.
Less imports ,less exports , less business.

Consumers are having more debt and we will get soon ,new numbers from the economists.
About 1 month ago wallstreet already reported that credit card debt is skyrocketing .

The consumer takes to much credit and is not beeing able to pay back ,but the businesses have the same problem according to the report.

Jobs openings have risen historically. One of the fastest increses in the History.

Unemployed people as numbers, go down .It is claimed that , this gives the workers the power to ask for more wages and that keeps also inflation high.

Comsumers have money and even if the companies rises prices, the consumers can keep up with that and this is pushing also the inflation high.

Can you see the game here?

We can not clearly know the real numbers, but are we sure about our own life plan and life investments?

We will see what will happen next