Economic collapse news. Ford has announced its plan to scale back it's business. That plan includes ending the production of all cars. For over a years sales have continued to decline so the Major auto manufacturer is going to focus it's efforts on what works trucks and suvs. When numbers are massaged to display strong sales this is the end result....pop! ... https://www.youtube.com/watch?v=Dg2nRDdU6nM

We brought up the retail investor's interest in Hertz rental car well it seems that love has vanished seeing how the stock has collapsed 35.56% in overnight trading. Many thought they found a great opportunity to buy the dip but maybe the first drop just wasn't the dip yet. The stock started at $3.04 and fell to $1.83 in a flurry of selling. To throw a curveball into the mix the Fed has begun buying their junk bonds meaning they are printing money and financing their debt creation so it seems this company has been selected to survive. I have been wondering myself how low can this company go since the price has come down so much you almost can't go wrong. To put the crash in perspective if you had $1,000 invested in hertz in the morning you would have about $650 left of value. The hotel bookings at major cities across the country have begun to decline and it's unclear yet where they will settle. There has been a lot of changes recently and some think we're on the path to economic recovery and my position is this crisis has only just begun and if we begin to see an acceleration from here we could see the green shoots shrivel up and find ourself in a worse position than we began. If individual cities develop a reputation as being unsafe no one will want to visit and it's clear the economic effects will be intense as many have begun to break their leases in major hotspots around the country. NYC and San Fransico are two cities that had a strong housing market and high rent prices yet the fact that people have begun to flee the cities we could see a lot of pressure coming in soon. Interestingly I saw some article suggesting that housing prices could begin to rise soon and I just don't see how that realistic if the banks have begun to cut credit to some of the lower qualified borrowers. Worse yet, if we see more cities turn into hot spots this effect could be magnified throughout the entire united states and the period of gentrification we have since the great recession come to an abrupt end. ... https://www.youtube.com/watch?v=WUWZeEOVPrY