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MARKET UPDATE: Wells Fargo Is Worried & Closes Lines of Credit | Should You Be Worried?
"Wells Fargo Stopped its Loan Program that issues lines of credit. Is this signaling to the business world that rough times are ahead? We think so. Banks don't randomly stop their lines of credit unless they see that their borrowers may not repay their loans in the future. We are entering exciting times. Are you prepared for the storm? Have You reduced your debts? Do you have a list of businesses to buy when the storm comes?
"Evaluating a Business Requires Effort & Diligence, Buying a Business Requires Patience."
--Red to Black Podcast
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We are not financial advisors and do not provide any financial information for investment purposes. All our advice is solely our opinions. When you consume our content you are responsible for how you perceive, judge and evaluate this content. Any decisions you make in the future based on this content is not our responsibility since this content is our opinion.
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