{"id":180590,"date":"2017-03-07T21:39:00","date_gmt":"2017-03-08T02:39:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2017\/03\/07\/uh-oh\/"},"modified":"2017-03-07T21:39:00","modified_gmt":"2017-03-08T02:39:00","slug":"uh-oh","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2017\/03\/07\/uh-oh\/","title":{"rendered":"Uh-Oh"},"content":{"rendered":"
The Latest Fed Data<\/i><\/p>\n
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The latest financial data is out, and it appears that banks are pulling back<\/a>, which would indicate that a recession may be on the horizon:<\/p>\n

Starting to look seriously ominous:<\/span>

<\/span>When delinquencies start going up, banks tend to start tightening up lending standards a bit to keep them in check, which tends to slow down lending, which causes the economy to soften, resulting in a downward spiral that doesn\u2019t end until public sector deficit spending increases sufficiently: <\/span><\/p><\/blockquote>\n

It looks like banks might be retrenching and delinquencies are rising.<\/p>\n

You can click the images for larger popups.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Latest Fed Data The latest financial data is out, and it appears that banks are pulling back, which would indicate that a recession may be on the horizon: Starting to look seriously ominous:When delinquencies start going up, banks tend to start tightening up lending standards a bit to keep them in check, which tends …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[392,494],"class_list":["post-180590","post","type-post","status-publish","format-standard","hentry","tag-economy","tag-statistics"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/180590"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=180590"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/180590\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=180590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=180590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=180590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}