PNC has layoffs: rest of banking sector to follow in lockstep? - The Great Awakening

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PNC has layoffs: rest of banking sector to follow in lockstep? (www.youtube.com)

posted 1 year ago by Trump1234KAG 1 year ago by Trump1234KAG +68 / -0

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– Trump1234KAG [S] 7 points 1 year ago +7 / -0

TWO MORE WEEKS?!? Is someone reading this board?

Looks like strange things are afoot, again. The banking sector layoffs begin with PNC. PNC had survived the 2008 financial crisis by laying off employees, before the rest of the banks.

Now it looks like the tightening credit is reaching a critical level, and cMBS are preparing to roll over their debt. The video explains more, but things are looking rough for our economy.

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