Middle east conflict will trigger the oil price inflation and as oil prices remain at $80/barrel, the participating parties will continue to cut production until it is back to $100-$120/barrel this season.
The layoffs have just started and expenditures will increase due to inflation.
Citizens Bank Failed Two days ago.
Student debt loans are already installed.
Groceries are higher priced
Credit card loans are the highest now and almost everyone have maxed it out.
China's exports have decreased due to low demands.
Jobs available are at all time low.
One more interest hike is on the table before 2023 closes.
This will be the coup de grace. As mortgage repayments will be defaulted. The End.
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