ilmscore | Prediction Details
"So, people still had jobs. People still had the same amount of money. This didn't change. But then this started to go down. Banks started to get a little bit tighter with their credit standards because they were concerned that the people that had all these loans wouldn't be able to pay them back. So, they started to be a little bit more picky on who they gave loans to. Well, this created a problem because if there's less people spending because there's less credit, that's going to slow down the economy."
By Minority Mindset | September 1, 2025 | Pending
From video
The Last Time The Banks Did This… Everything Flipped 00:03:14 - 00:03:37
Interpreted Prediction
Banks tightening credit standards, even with stable employment and income, reduces spending and consequently slows the economy.

Prediction Details

Topic
Economic Slowdown

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