Shocking Revelation: ‘Shark Tank’ Star Kevin O’Leary Exposes Terrifying Cash Crisis for Small Businesses!

• Kevin O’Leary warned that the Fed’s rate hikes are hurting small US businesses.
• The “Shark Tank” star sounded the alarm about an impending funding crisis due to higher borrowing costs.
• O’Leary warned that government spending fuels inflation by flooding the economy with money.

from the federal reserve war against inflation
has caused a pain cash crisis
for small businesses and threatens to devastate that key sector of the US economy, Kevin O’Leary warned.

In response to rising prices, the central bank raised interest rates from near zero to nearly 5% over the past 18 months. As a result, many companies with fewer than 500 employees can no longer afford to borrow the money they need to finance even their basic operations, O’Leary said.
told Fox Business
on Tuesday.

“A real crisis is coming, there is no cash for small businesses,” O’Leary said. “And when the Fed raises rates
another 50 basis points
That’s going to make things worse.”

“If you’re in the S&P 500, you don’t have a problem funding your business,” he continued. “You can’t say that for small businesses anymore. The cost of capital has skyrocketed.”

The “Shark Tank” investor and O’Leary Funds chairman, whose nickname is “Mr. Wonderful,” has warned that many family-owned businesses with just a handful of employees are struggling to pay their bills and are unhappy with the historic pace of rate . walks

O’Leary said he was on Capitol Hill to alert lawmakers to the pressing issue and urge them to tell their constituents about tax credits available to help smaller and embattled businesses.

“I’m here on the hill today in Washington talking to everyone I can about the problems I’m having getting working capital for small businesses,” he said.

O’Leary also weighed in on why prices rose in the first place, which led to the Fed raising rates and increasing pressure on small businesses.

“When you turn on the public spending spigot on both sides of the aisle, that’s how you get inflation,” he said. “At some point you have to stop printing money.”

The software entrepreneur and chief financial officer struck a more positive note on the outlook for small businesses earlier this week. He
suggested
they could reduce their customer acquisition cost (CAC) and more than double their return on advertising by adopting Threads.

“I have never, ever seen anything like this”, O’Leary
told CNBC
after Meta’s new social media platform racked up 100 million subscriptions in five days.

• Kevin O’Leary warned that the Fed’s rate hikes are hurting small US businesses.
• The “Shark Tank” star sounded the alarm about an impending funding crisis due to higher borrowing costs.
• O’Leary warned that government spending fuels inflation by flooding the economy with money.

from the federal reserve war against inflation has caused a pain cash crisis for small businesses and threatens to devastate that key sector of the US economy, Kevin O’Leary warned.

In response to rising prices, the central bank raised interest rates from near zero to nearly 5% over the past 18 months. As a result, many companies with fewer than 500 employees can no longer afford to borrow the money they need to finance even their basic operations, O’Leary said. told Fox Business on Tuesday.

“A real crisis is coming, there is no cash for small businesses,” O’Leary said. “And when the Fed raises rates another 50 basis pointsThat’s going to make things worse.”

“If you’re in the S&P 500, you don’t have a problem funding your business,” he continued. “You can’t say that for small businesses anymore. The cost of capital has skyrocketed.”

The “Shark Tank” investor and O’Leary Funds chairman, whose nickname is “Mr. Wonderful,” has warned that many family-owned businesses with just a handful of employees are struggling to pay their bills and are unhappy with the historic pace of rate . walks

O’Leary said he was on Capitol Hill to alert lawmakers to the pressing issue and urge them to tell their constituents about tax credits available to help smaller and embattled businesses.

“I’m here on the hill today in Washington talking to everyone I can about the problems I’m having getting working capital for small businesses,” he said.

O’Leary also weighed in on why prices rose in the first place, which led to the Fed raising rates and increasing pressure on small businesses.

“When you turn on the public spending spigot on both sides of the aisle, that’s how you get inflation,” he said. “At some point you have to stop printing money.”

The software entrepreneur and chief financial officer struck a more positive note on the outlook for small businesses earlier this week. He He suggested they could reduce their customer acquisition cost (CAC) and more than double their return on advertising by adopting Threads.

“I have never, ever seen anything like this”, O’Leary told CNBC after Meta’s new social media platform racked up 100 million subscriptions in five days.