Banks Are "Pulling the Plug" On Another Debt Bubble

Phoenix Capital Research's picture

The credit cycle is turning for the worse.

Delinquency rates are creeping up in the consumer loan and commercial/industrial loan space. This is a clear signal that both the consumer and the corporate sectors of the economy are beginning to run out of steam.

In response to this, banks are pulling back on lending.

If you want to put the above two graphs together, think of it this way:

The economy is showing signs of stalling, so banks are “pulling the plug.”

The last time both of these issues came to rise was in 2007 as the last major credit cycle turned.

We all remember what happened next, particularly given that stocks were in a massive bubble at the time (just like today).

A Crash is coming...

And smart investors will use it to make literal fortunes.

We offer a FREE investment report outlining when the market will collapse as well as what investments will pay out massive returns to investors when this happens. It's called Stock Market Crash Survival Guide.

Today is the last day this report is available to the general public.

To pick up one of the last remaining copies…

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Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

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Bubenthauser's picture

One day you'll be right, buddy boy. One day. LOL

yellowsub's picture

No shit, what did you expect when you lower the lending standards to none...

 

. . . _ _ _ . . .'s picture

When do commercial delinqency numbers come out for Q2, 2017? Or is that it?

Bam_Man's picture

Bank credit "only" expanding at slightly more than 3% year-over-year?

Oh, the horror!!

barysenter's picture

Volcker: Pull it

Silver: Pull it

Yellen: Pull it

All Risk No Reward's picture

Oh, but "pull it" doesn't mean "pull it."

BTW, this is ABSOLUTE, IRREFUTABLE PROOF that one of the Twin Towers wasn't crushed from the top down... and also why the scope of the 911 Commission ended at "initiation of collapse" (because they can't explain what happened afterwards)...

What a Gravity-Driven Demolition Looks Like
https://www.youtube.com/watch?v=NiHeCjZlkr8

More evidence videos (from retired physics teacher)...

DavidChandler911
https://www.youtube.com/channel/UCxvGFyCUkbMk4pB0C-AUJwQ

Truther's picture

Wow.  I'm scared shitless.

Same shit, different day.

VD's picture

Graham is the absolute scourge of ZH; Tyler's should be ashamed to post this garbage! even if they are paid off by this "free newsletter" moron.

Creepy_Azz_Crackaah's picture

Is this the seventh or eighth year that "gold and silver are going to the Moon(!!!)?"

(just pay us for our newsletter becasue we've lost everything with our gold and silver calls...)

The Wizard's picture

All that has to happen is paper be separated from physical, bifurcation. We are still waiting.

Sweet Cheeks's picture

In this economy, since 2008, Gold and silver are for insurance, not investment. Forget you own PM and buy the dip.