Gielow’s Glimmerings

Gielow’s Glimmerings

The Bigger Short

Harold Gielow's avatar
Harold Gielow
Aug 20, 2024
∙ Paid

My fellow Americans, we are in the midst of an economic implosion. Unemployment, at 4.3%, is on the increase. The real unemployment rate, the U6, is at about 7.4%. Credit card defaults are on the increase. Mortgage defaults are on the increase. Bank defaults are on the increase. Our personal debt is over one trillion dollars. Our national debt is 35 Tri…

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