Wells Fargo is ending all personal lines of credit the last time they did this was in 2008 right before the crash. This was after the federal gov gave 600 to 1200 checks to people during recession in 2007. The bubble is about to pop— Michael Kofi A.||♤🇬🇭 (@MikeKofiA) July 11, 2021
I know this tweet was posted a few days ago, but it didn't show up here. Shit's about to get real bad, real soon.
IDK guys, I hear this like every three months.
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I remember seeing stuff in 2019 about the yield curve inverting and recession coming soon
Technically true since COVID did it.
I mean isn't all that stuff still true and waiting?
what do you mean waiting?
Um I was tired when I wrote that, but I think I meant "waiting to become a full blown recession once the feds can't re-inflate the bubble anymore"
tru
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"The bubble" has popped multiple times since 2009. The Fed just steps in to reinflate it very quickly and so far, that has worked.