"There Are Big, Big Problems" - The Shocker Crushing The Economy Revealed

``The combined score is getting dangerously closer to the contraction zone and has not been this weak in many years (going back to 2010). It is sitting at 51.2 and that is down from the 53.2 noted last month. For most of the last two years, these readings have been in the mid-50s and above--comfortable territory and generally trending up from one month to the next and now there is a very disturbing trend downward... According to the CMI, the Rejections of Credit Applications index just crashed the most ever, surpassing even the credit crunch at the peak of the Lehman crisis.''