According to CNBC, Wells Fargo has shut down all personal lines of credit, which removes liquidity from people. What does this mean for business when one of the big fours (JPMorgan Chase, Bank of America and Citigroup being the other three big banks) are doing this? Could this be Wells Fargo’s way of mitigating risk for a potential market correction? We do not know.
China has started to ban Bitcoin mining. According to the University of Cambridge in April 2020, an estimated 65% of Bitcoin’s hashrate comes from China. What does this mean for Bitcoin and crypto? We do not know.
But what we do know is this, summed up perfectly by the author of the bestseller The Greatest Salesman in the World, Og Mandino:
“What you plant now, you will harvest later.”
Let’s start now, so you can harvest later. You can lay the groundwork to build a framework of digital marketing and public relations success with PR Distribution™:
- Get seen around the world across world-class media outlets
- Level up your search engine rankings for organic sales conversions
- Establish yourself as authority & expert in your space
What are some of the ways your business could benefit if it was published in AP News, Yahoo Finance, Yahoo Money, MarketWatch, Benzinga, Business Insider, NBC, CBS, ABC, Daily Herald and CenturyLink?
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References: University of Cambridge <https://cbeci.org/mining_map> CNBC <https://www.cnbc.com/2021/07/08/wells-fargo-is-shutting-down-all-personal-line-of-credit-accounts-.html>
Ryan Huang is the CEO of PR Distribution™ or PRDistribution.com, Inc. He is an expert in digital marketing and public relations with nearly two decades of experience, and having helped thousands of businesses and overseeing tens of thousands of press releases through PR Distribution™.