Current to 30 day delinquency rate has spiked in 2020. Mortgage delinquencies has spiked in the second quarter of 2020. The delinquency rate has increased 386 points from first quarter of 2020. There is high home builder sentiment, but nobody pays their bills. There is negative $68,176,000,000 of net income from the USPS, but $688,720,000,000 revenue in 10 years . Banks reported tighter standards on non-farm residential loans. The wealth is like an upside down pyramid. All the wealth at the bottom supports all the weight on top. China holding of US treasuries declining. In New York City, 5% of residents, 420000 left the city between march 1 and may 1. Of New York cities wealthiest neighborhoods, it’s 40%. Students left as colleges closed, or dealt with caring for friends or family. Members. Kamila Harris is the 3rd most liberal senator on capital hill behind Bernie Sanders, a self admitted socialist, and Elisabeth Warren who is a socialist, but couches it. When Joe Biden picked Kamila harris, it became the most liberal ticket in the history of the United States. If America wants hardcore liberalism, they will vote for the Biden/Harris ticket. Donald Trump is all over the place, but he is a man who is governing in a traditional way. Donald Trump is the status quo. Biden and Harris are going to blow everything up. Kamia Harris had professional parents, one Indian, one Jamaican. She had a middle class upbringing. She was busted, but not in the ghetto. She is a machine politician. The machine in California is far, far left. He has 15% of Democrats in her presidential race. She looked confused. She changed positions. The San Francisco values are avoidance of religion, secular rules, inclusion is everything, lax border enforcement, free citizen amnesty for undocumented aliens, and a fast track to vote, the Republican party disappears. We become a Marxist-Leninist dictatorship. No due process, all actuation are convictions in her mind, low crime enforcement, Metoo okay, neo-Marxist Critical Theory okay, loving Leninist eco-socialist Green New Deal . These are her San Francisco values, and she’s in 100%. There is nothing about Kamea Harris that goes against the communist orthodoxy. She has no descending opinions. Joe Biden is what the far left tells him to be. She was picked to attack donald trump. She is the most vicious of all democratic politicians. The Marxist-Leninist-Maoist Black Panther Party tactic (also Critical Race Theory) of responding to a Black Woman will be called racist. If you have no skill set, no assets, no money in savings, you’re done. Last week was the first week in 21 weeks to have under 1 million unemployed. Mortgages never risen this fast in history due to Covid virus. It takes 53 weeks of medium wages to meet basic needs. In1983, it took 30 weeks to pay for house, car, food, education, healthcare. The quality of life of the average American in crashing. We’re probably going to see the homeless epidemic on steroids in the future. Only 20% of the country saved up a $1000.
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