Credit Crisis Is About To Trigger A Flood Of Bankruptcies As Banks Warn About Serious Risks

Picture this: America’s largest banks are gripped by fear, and for good reason. Rising loan delinquencies and defaults have them sweating bullets. To mitigate their losses, they are tightening their belts, slashing lending to both businesses and consumers. While this might seem like a prudent move, it’s also setting the stage for a financial catastrophe of epic proportions.

https://amg-news.com/credit-crisis-is-about-to-trigger-a-flood-of-bankruptcies-as-banks-warn-about-serious-risks/

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