While loans and credit cards are full of debt consumer confidence at an all time low. I thought it could reverse a little, but no, it actually is accelerating downward.

As outlined in my last analysis when the Central Banks buying more and more assets they create assets in their balance and print money to pay the banks. This forces the banks to call you up and to offer you a Line of Credit, LOC. You go out and buy a car, now cars are in short supply and inflating in prices. You ever wondered why there are so many new cars and trucks on the road?

Truck and car prices seem to come down in the US but due to the printing of money the FED has created artificial demand and now a shortage.