Post #863 by weatherman on the Falling Knives board

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Investment Strategies / Falling Knives

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isnt the immediate move is massively cut credit to risky consumers? these companies know their customers risk better than their own friends&family.

e.g., in ~3 decades of paying my cards on time and in full, i have never been offered a rate change because it would be pointless. but offers to up my max limit comes regularly.

the end result would be an effective tightening that partially offsets trumpedo's 0% fedrate fantasy.

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