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A look at events around the world, and in particular in America. The housing market is still in trouble, major corporations around the country are scheduling layoffs for thousands of employees.
Jack Lew makes the comment that lower oil prices are like a tax cut. They have smashed down oil to increase retail sales during this Christmas season?
The auto loans being made to sub-prime borrowers is unprecedented. Auto loans are already defaulting in record numbers.
Retail outlets will tell the tale after the holiday season. Right now major retailers are already announcing layoffs. Radio Shack, Sears, K Mart and many more may not exist next year.
This is a very in depth X22Report, people need to understand that 2015 could set records when it comes to low income families in America. Plus Much, much more. Including gun control and the police state that is on the horizon.