Stock price down bigly today and the CEO ( reading from a pre set script ) predicts that this will be the greatest boom year in the British economy since 1948.
idk. Underwriters have certain liquidity requirements for banks offering credit - The bank is considered 'liable' or committed to the amount of outstanding credit made available to their customers, even if the customers are not accessing the credit lines at present. For barclays to loan more money to new customers, to meet underwriting (insurer's) guidelines, they may need to curtail some of the outstanding credit available to current customers. So, if they have customers who have never or very rarely accessed their full credit limits, they will cut those limits down in order to make extra 'room' to make loans to other customers who will 'use' their credit (and pay interest back to the bank).
That's interesting. Who would have thought that shutting down your businesses nation-wide and forcing people to stay in their homes would affect the economy?
The charts say its coming sometime starting around July/August with a MASSIVE drop in the Equities Markets (Stocks/Bonds). I've got some charts I made. I may post them. I probably should as it's the moral thing to do. maybe tonight. The COMEX silver shortage and the subsequent price re-discovery is going to be the bull-shit reason they are going to use to distract from the real reason for the impending doom. Blame silver hoarders like me .. like they did the GME reddit APES. As if they set up the banks short positions. Fuktards.
When HSBC and Citi get hammered because of their short exposure in the paper silver markets, that will trigger a domino collapse of Banks everywhere. It's coming gang ... make no mistake. I personally think the S&P500 will lose close to 30% of it's value in the first 2 weeks, and eventually approach somewhere close to a 50% drop by November ... maybe sooner.
I'd love to see your charts and analysis. I have been attempting to prep for this for quite some time now and any additional information is absolutely welcome.
Without a solid revenue stream Alabama would more than likly default on these loans. We currently cant buy a lottery tickets. School sytems are a joke. Alot of rural roads aren't paved. Etc etc etc
Stock price down bigly today and the CEO ( reading from a pre set script ) predicts that this will be the greatest boom year in the British economy since 1948.
So why chop all his customers credit card limits.
Barclays is in trouble.
idk. Underwriters have certain liquidity requirements for banks offering credit - The bank is considered 'liable' or committed to the amount of outstanding credit made available to their customers, even if the customers are not accessing the credit lines at present. For barclays to loan more money to new customers, to meet underwriting (insurer's) guidelines, they may need to curtail some of the outstanding credit available to current customers. So, if they have customers who have never or very rarely accessed their full credit limits, they will cut those limits down in order to make extra 'room' to make loans to other customers who will 'use' their credit (and pay interest back to the bank).
The U.K.'s economy is "heading South"?
That's interesting. Who would have thought that shutting down your businesses nation-wide and forcing people to stay in their homes would affect the economy?
The charts say its coming sometime starting around July/August with a MASSIVE drop in the Equities Markets (Stocks/Bonds). I've got some charts I made. I may post them. I probably should as it's the moral thing to do. maybe tonight. The COMEX silver shortage and the subsequent price re-discovery is going to be the bull-shit reason they are going to use to distract from the real reason for the impending doom. Blame silver hoarders like me .. like they did the GME reddit APES. As if they set up the banks short positions. Fuktards. When HSBC and Citi get hammered because of their short exposure in the paper silver markets, that will trigger a domino collapse of Banks everywhere. It's coming gang ... make no mistake. I personally think the S&P500 will lose close to 30% of it's value in the first 2 weeks, and eventually approach somewhere close to a 50% drop by November ... maybe sooner.
Nothing Can Stop What Is Coming. Nothing
I'd love to see your charts and analysis. I have been attempting to prep for this for quite some time now and any additional information is absolutely welcome.
I'm sure many other patriots here would agree.
Good. Fuck them!
I have noticed that I see less 0% credit card offers in the mail lately. Might be banks pulling back
Without a solid revenue stream Alabama would more than likly default on these loans. We currently cant buy a lottery tickets. School sytems are a joke. Alot of rural roads aren't paved. Etc etc etc