Multiple charts exist which predict another recession this year!
Now, I am normally a very positive person. In fact my first post for the new year was very hopeful. But recently I found not one but two charts which show we could have a repeat of the recent Great Recession.
The first chart above shows how the Federal Reserve and Quantitative Easing have allowed financial institutions to run wild again. In summary, the leveraged lending is out of control. For the past year it has risen as fast and to the same level as the year before the 2008 Great Recession.
Big name investors like Warren Buffet and George Soros have cut their stock investments or shorted the market.
If another Great Recession occurs, riots will take place that are greater than the Occupy Wall Street demonstrations and President Obama will face impeachment.
Can another Great Recession be stopped? Yes, the Federal Reserve can take two actions.
1. Put restrictions on QE funds to minimize leveraged lending.
2. Stop issuing QE funds to institutions that use “expected rent” as collateral.
You can make a difference by voting for the following White House Petition.
Thanks for reading this.