U.S. Economy Is on the Drastic Edge as Wells Fargo Closes Lines of Credit Warns David Morgan
Wells Fargo is shutting down all existing personal lines of credit in the coming weeks, and will no longer offer the product to customers. David Morgan of the Morgan Report speaks to our Daniela Cambone about the greater implications of the move.
"It is signaling that the U.S. economy is on the edge and that perhaps deflationary times await," Morgan said. In the interview, Morgan also talks silver and gold prices and what we can expect in August.
#economy #credit #gold #silver
ICYMI, check out Daniela's latest interviews here! – sbry.co/c54Xk
Be sure to sign up for exclusive content and interviews from Daniela that you can't find on YouTube! – sbry.co/CZtHq
Follow us on Facebook: https://www.facebook.com/StansberryResearch
Follow us on Twitter: https://twitter.com/stansberry
Follow us on Instagram: https://www.instagram.com/stansberry_research
Follow us on LinkedIn: https://www.linkedin.com/company/stanberry-research