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Ok. We all know the Banks are having a huge problem with Consumer Debt. So much so it is killing our economy.
Without going into an economics lesson here to keep a long story short the Banks are in a PANIC. The inside investors who buy consumer debt (this is a big biz) have all but dried up. Leaving these banks to fend for themselves BILLIONS in unsecured consumer Credit Card Debt.
Banks like Citi, Bank Of America, Wells Fargo, Even American Express are going through HUGE losses. This is seprate from the whole sub-prime issue. This is on top of that issue which makes this an almost FATAL issue with Banks. They are in a serious NO SHITTING AROUND PANIC.
Well here's where my tip comes in. And Im not bullshiting ANYONE HERE. THIS IS 100% TRUTH...
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