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Report date: 8.18.2015
Greece is selling off bits and pieces of its country to the creditors. Greek deposits become eligible for bail-ins. Major retailer going out of business because of decline in sales and revenue. Building permits plunge in NYC as the property tax expires. Atlanta FED recalculates GDP to 1.3 as the auto industry increases production and channel stuffs dealerships. Bail-ins are coming to America and the FDIC will go after depositors. Global growth has slowed according to Moody’s and the US is not prepared for a major crisis, the US has no grain reserves since 2008.
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