Catastrophic results for Japan and the US credit crunch gets much worse.

Jul 9, 2023

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Introduction

00:00 • 3min

The Negative Effects of the Saudis on Japan's Economy

02:39 • 3min

The Mainstream's Worries About Japan's Economy

05:24 • 2min

The Decline of Japanese Household Spending

07:25 • 3min

The Credit Crunch Is Worse Than a Mild Recession

10:54 • 4min

The Lessons of Bearsterns

14:49 • 4min

Saudi Arabia extended its #oil production cuts for another month. Given what the Japanese reported for #income, not hard to see why #recession Plus, US bank #credit crunch accelerated at the end of June when #lending fell further and cash cushions rose. #globalrecession

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DISCLOSURES
Jeffrey Snider (The Promoter) is acting as a promoter for an investment advisory firm, Atlas Financial Advisors, Inc. (AFA). Jeffrey Snider is affiliated with AFA as a promoter only and is not in any way giving investment advice or recommendations on behalf of AFA. The Promoter is being compensated by a fee arrangement: The Promoter will receive compensation on a quarterly basis, based on the increase in account openings that can be reasonably attributed to the Promoter's activity. The Promoter will not be receiving a portion of any advisory fees. The Promoter has an incentive to recommend the Adviser because the Promoter is being compensated. The opinions expressed on this site and in these videos are those solely of Jeffrey Snider and Eurodollar University and do not represent those of AFA.