A Bank of America executive in a leaked memo wrote “we hope” that the ratio of job openings to the number of unemployed lessens significantly, meaning American workers will have fewer options.
Ethan Harris, the head of global economics research for the corporation’s investment banking arm, Bank of America Securities, explained in a memo titled “Mid-year review” that will be accomplished through a slowing economy and hence higher unemployment numbers.
The Intercept, which obtained a copy of the memo, said the June 17 document is meant to make predictions for Bank of America’s clients concerning the direction of the economy.
“We expect growth to fade close to zero by the second half of next year as the lagged impact of tighter financial conditions cools the economy,” Harris wrote, pointing to the Federal Reserve’s raising of interest rates.
The result will be a “weaker demand for workers,” he explained.
Homes reposessions, auctions for the slum lords, rich get richer, poor get poorer.
That’s the Bank the govt should be watching for Money Laundering in Salisbury !!! > Alot of
foreigners & riff raff go there & it looks suspicious !!!!
For months, nothing financially has changed for me, but the credit reporting agencies have steadily dropped my credit score up to 20 points at a time for one bogus reason or another
First it was dropped because I had less than 5 open accounts, so I applied for a second credit card
Then it was dropped because I applied for a second credit card
Then it was dropped again because I traveled and used more credit than I normally do
I pay the balance every month.
This is their way of ensuring you pay more in interest now that rates have risen.
Credit Scores are a Joke. I don’t use cash. It’s filthy. I have a half dozen credit cards I juggle and pay off monthly. My homes and cars are paid for and it’s amazing the line of credit they are desperate to extend me and I don’t need it. It’s fun though going to a car lot looking like a bum and then they run your credit and ALL of a Sudden you can have anything on the lot. It’s all a game. Buying a new car is the worst investment you can make. My investments generate more daily than my salary I only work for Health Care.
Since you pay off in full every month, your credit score doesn’t matter. Changes to interest rates only matter if you’re carrying balances month to month.
Hang in there, credit scores are going away we won’t need them. Trust me your mortgage was actually paid when you bought your house, they have been double dipping, think this one is going to not be exposed think again. Your Strawman account paid for everything and we are going to be getting it back. Yes there is another one to really research, I told you they sold your ass in 1933.
But keep on buying the foreclosures up and see what happens.
What are you talking about 12:51?
Damn good moonshine
Bank of America is nothing but part of the woke agenda. Will not ever deal with this bank. They have already shut out trump supporters.
wall street capitalist banks are now “woke”? I remember before the orange Drumpft when words actually had meaning. Only a bunch of cult members still think a NYC real estate elite represents them rural white ‘muricans…LOL. PS. The Saudi Royal Family thanks you for all your support, trumphies…
If you really want to know what I am referring to in 1933 they sold everybody’s birth certificate from then on and have been trading us ever since. The truth is out there and is really not hard to find. Each and every one of us had a fund attached to us and a file kept under the Vatican apparently, we were all their little cash cows. From what I gather they took our mortgages from this account and a lot of other stuff too. So I am sure it is really going to really upset you when you find out that house you think you own really does not belong to you even after you have paid double for it, they still owned it and intended to leave you with nothing, and you were supposed to be happy. And that was how the New World Order was going to happen, you were going to be left with nothing, welcome to their Agenda 21 and Agenda 30.
11:47….. Are you disturbed?