What is the logic behind these bank transfers? - We are told if you mysteriously receive $100,000 in your bank, to not spend a single cent of it because the bank will come after it eventually.
Yet if I was to send $100,000 to a wrong bank account I'm told to say goodbye to it forever, best I'll get back is $2.
What is the logic behind this one-way street?Ausfinance
What is the logic behind these bank transfers? - We are told if you mysteriously receive $100,000 in your bank, to not spend a single cent of it because the bank will come after it eventually.
Yet if I was to send $100,000 to a wrong bank account I'm told to say goodbye to it forever, best I'll get back is $2.
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...