Banking Collapse underway
My company's 3 largest Accounts Receivable Balances are from Bank of America, JP Morgan Chase & Wells Fargo. In August they did not pay us as much as they should have, in September it is worse. I am talking about low 8 digits in receivables and climbing. Please pass this information along to Doug & Joe Hagmann. Doug talks about getting hundreds of emails thought you are more likely to catch this. It is a piece of the puzzle of the banking system cratering and a BIG sign they have cash flow problems. G_D Bless you and the Hagmanns and I pray for you and am a regular podcast listener of their show.
Oct 1, 2012