The Shocking Truth About The Looming Credit Crunch: What You Need to Know Now!

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1 year ago
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Due to a credit crunch, Citibank chief economist Nathan Sheets predicts a US recession in the coming months. Sheets said financial institutions are being more cautious with their money, limiting credit for businesses and consumers. Due to "brutally bad" economic numbers, Longview Economics CEO Chris Watling predicted a US recession. Disney laid off thousands, Bed Bath & Beyond closed, and Walmart closed stores. In July, the Federal Reserve's FedNow service will launch, preparing for its central bank digital currency (CBDC).

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