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The Atlantis Report, 1/1/24
"Credit Card Companies Are Shutting Down
Lending in Less Than A Week"
"In a startling turn of events, credit card companies are facing a crisis as they prepare for a significant policy change that could potentially cripple a substantial portion of their revenue. This impending shift, set to take effect in just a week, revolves around the Consumer Financial Protection Bureau's rule proposal aimed at curbing exorbitant credit card late fees, which currently constitute a lucrative $14.5 billion dollar income stream for these financial giants."
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The Atlantis Report, 1/1/24
"250 - 500 Banks Will Fall In 2024"
"In the ever-evolving financial sector landscape, a foreboding prediction looms over the horizon as analysts and experts foresee the potential downfall of a substantial number of banks in the year 2024. 250 to 500 banks are facing the risk of failure. The implications of such a scenario extend beyond mere numerical statistics, signaling a potential shift in the banking industry's stability."
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