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we have just received new information new data that confirms that a lot of the narratives sold to you that a soft Landing would happen was in the end just a mirage and in todays video Im going to be talking about how the recession has officially started and how the worst is yet to come make sure to join me and 10 000 other readers on my sub stack strategy newsletter also make sure to follow my friends on the platform as well guys lets talk about the data and the facts that you already know and then discuss more nuances among the data points we already know that household debt is a major problem a 16.9 trillion problem that is and if we look at the total debt balances these charts they convey that the debt situation is getting out of control we have student loans credit card debt auto loans all of these balances are soaring Beyond The Point Of No Control here is some additional data that I believe will convince you that a recession is coming in the foreseeable future look at this re