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Wells Fargo Cutting Credit Is The Tip of The Iceberg | Real Danger Ahead

Mark Moss

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Published on Jul 13, 2021
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Last week the retail financial world was shocked when Wells Fargo announced they were shutting down personal lines of credit. Leaving many to wonder what was going on. I have seen many commentators reading you the news story, which you can do yourself… But they all seem to really fail to grasp
what this means.

To really understand this, you need to understand what's going on, you need to understand 3 other things. What happened in the 2008 great financial crash, and more importantly, what happened with the Repo market in 2019, and what's happening right now in the reverse-repo market today.

So in this video I am going to break down,
- What Wells Fargo did
- What other banks are doing right now
- The historical context and how this compares to the 2008 Great Financial Crash
- We will look under the hood of the financial and banking system, to see what happened in 2019 — and today, to see if the Wells Fargo news is just an isolated incident, or of it's a big sign of what's to come.
- And of course, what we should be doing about it

So lets go..

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Disclaimer: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. I will NEVER ask you to send me money to trade or invest for you. Please report any suspicious emails or fake social media profiles claiming to be me. Don't invest money you can't afford to lose. There are no guarantees or certainties in trading or investing. My videos may contain affiliate links or sponsorship to products I believe will add value to your life and help you. In some cases, I may receive payment or other consideration from the companies mentioned in the videos. No matter what I or anyone else says, it’s important to do your own research before making a financial decision. SEE FULL DISCLAIMER HERE: https://go.1markmoss.com/disclaimer
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