We Are Now At The Tipping Point, The Economic Contraction Picks Up Speed – Episode 1302

In this episode of the X22 Report: Mexican industrial production crashed, this is a somewhat unprecedented and sudden downshift. Retail, commercial real estate is in trouble. Retailers are asking for very short lease deals just in case they go bankrupt. Consumer push their credit to the limit and now we are seeing a surge in credit defaults. Boeing laying off thousands and moving some operations to China. Consumers are at their weakest point since the great recession. GDP will need to be revised for the 2nd quarter because wholesale inventories have plunged.

The Fed will make their decision about an interest rate hike next week. Glass-Steagall needs to be reinstated and this is now on Trumps radar. Comey’s public hearing was a flop for the deep state, the deep state is in panic mode and now Trump and others will begin operation locate and expose. Jeff Sessions is pushing hard to find and to bring to justice the pedo ring. NSA leaker Winner wanted to burn down the White House. The push is on to remove the terrorists camps in Qatar and other deep state locations. The terrorists in Syria are on the verge of being driven out, as the Syrian and Russian forces capture the border and take control.

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