PULL IT!!!

“The illusion of freedom will continue as long as it’s profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater.” Frank Zappa

I know they try to keep us distracted with Taylor Swift’s latest escapades, today’s fake indictments of Trump, Biden’s dog biting another White House visitor, Dementia Joe falling down or shitting his pants while lying about his past, our imminent death from climate change and gas stoves, black lesbians from Maryland being appointed senator from California, allowing millions of third world savages to invade our homeland and then proposing Trumps wall, the annual government shutdown kabuki dance, and sending another $25 billion into Zelensky’s off-shore bank accounts for his noble freedom fighting efforts against Russia.

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Deadbeat Nation? 37 Million Credit Cards Were 90 Days Past Due In 4Q18

Via ZeroHedge

As those who follow our monthly consumer credit updates already knew, aggregate household debt balances jumped in 4Q18 for the 18th consecutive quarter, and were $869 billion (6.9%) above the previous peak (3Q08) of $12.68 trillion. As of late December, total household indebtedness was at a staggering $13.54 trillion, $32 billion higher than 3Q18. Overall household debt is now 21.4% above the 2Q 2013 trough, according to quarterly data from the Fed.

“The increase in credit card balances is consistent with seasonal patterns but marks the first time credit card balances re-touched the 2008 nominal peak,” according to the report.

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