Source within a very well known, long established, and very large Retail chain reports as follows:
"We Just Had A Emergency Conference Call. Corporate Wants Our Over 2000 Retail Locations to immediately push all credit card, credit, and financing packages because next week banks are pulling them nationwide in mass.
We have over 2000 retail location and have been in business since the 1930s. We're a strong performing retailer; mowers, ATV's, implements, etc.
Corporate said many banks are pulling all credit and financing options they customarily offered to retail customers which, in the past allowed customers to spread the payments out on the $8000 Finish mowers or top line ATV's they purchased.
They also emphasized this isn't something they're doing just to us, thereby giving our competition an advantage. The entire credit market is being contracted across the retail spectrum.
We've been hearing the credit markets have been drying up. It looking like next week the well will run dry."
US debt crisis goes beyond government debt. Total household debt now a record $16.9 trillion. How can this possibly end well? Millions living paycheck to paycheck subsidized by credit cards. Many financial institutions will collapse under the weight of problem assets. Be ware.
The sky is falling. Fall already.
Zelensky thinks USA going to carry him like Israel 🤣😂 I don’t see any Ukrainian in White House I hope he get to spend his ill gotten gains
Upmove started. Good to be long (in stocks). Sincerly, your President-Elect.
germanDAX40, new ATHs (>15,655) ahead. 4-hour-candles, February Range:
https://ibb.co/p4dWgD2
Greg; For your attention !!
Nation
COVERT INTEL - CREDIT MARKETS - NEXT WEEK
NATION
HAL TURNER
03 MARCH 2023
HITS: 6624
COVERT INTEL - CREDIT MARKETS - NEXT WEEK
This content is for Subscribers only --
Source within a very well known, long established, and very large Retail chain reports as follows:
"We Just Had A Emergency Conference Call. Corporate Wants Our Over 2000 Retail Locations to immediately push all credit card, credit, and financing packages because next week banks are pulling them nationwide in mass.
We have over 2000 retail location and have been in business since the 1930s. We're a strong performing retailer; mowers, ATV's, implements, etc.
Corporate said many banks are pulling all credit and financing options they customarily offered to retail customers which, in the past allowed customers to spread the payments out on the $8000 Finish mowers or top line ATV's they purchased.
They also emphasized this isn't something they're doing just to us, thereby giving our competition an advantage. The entire credit market is being contracted across the retail spectrum.
We've been hearing the credit markets have been drying up. It looking like next week the well will run dry."
Add comment
Title
Sling Blades are going up in value
👍👍
US debt crisis goes beyond government debt. Total household debt now a record $16.9 trillion. How can this possibly end well? Millions living paycheck to paycheck subsidized by credit cards. Many financial institutions will collapse under the weight of problem assets. Be ware.