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At least there is deflation somehwre...
The average price of a used #Tesla has declined 13 months in a row, moving from a record high of $67,900 in July 2022 to a record low of $41,574 in August 2023 (-39%). Source: Charlie Bilello
Total Global Debt is now estimated to be over $300 Trillion and has been rising exponentially since 1971
Source: TheBTCTherapist
A wave of corporate debt refinancing over the next 6 months will spark a recession in 2024 warns Fidelity International
Source: Barchart, Bloomberg
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