If not it’s not their credit cards and student debt, it eventually comes around with something unexpected. Those who have no savings or a minimal amount won’t realize what they’ve been doing is a problem until it hits them in …
Pacific Gas and Electric (PG&E) may shed more than $40 billion worth of power purchase agreements after the California utility was driven into bankruptcy by liabilities for sparking deadly wildfires, The Wall Street Journal reports. PG&E wants the U.S. Bankruptcy Court in …
NORDLB is a big German Landesbank, now they are bankrupt and MerkHell idiot will have taxpayer billions wasted to save the idiots Lower Saxony’s Minister of Finance Hilbers (CDU), wants to rehabilitate the Nord/LB with tax funds. In the …
via Zerohedge: The Pension Benefit Guaranty Corp (PBGC) said in a Friday press release that it believes Sears Holdings Corp’s “continuation of the plans is no longer possible” following the Company’s October bankruptcy, after it was revealed in a Friday …
by markyu007 Retail had a rough 2018 — Here are five big name brands that went under from CNBC. David’s Bridal Sears Mattress Firm National Stores Gumps Brookstone Rockport Nine West Claire’s The Walking Company Bon-Ton Stores Kiko USA A’gaci …
Detailing Vice’s sinister corporate strategies and the demise of their fledgling network. h/t buffaloroambuford
by Dr. Eowyn Another longtime American institution lost to pedophiles and the Left’s political correctness. Founded in 1910, the Boy Scouts of America (BSA) is one of the largest Scouting organizations and youth organizations in the United States. Boys are trained in …
via zerohedge: The shock of rising interest rates isn’t just affecting the macro picture and grinding the US economy to a halt, but it is also having profound effects globally. In Canada, personal bankruptcies are on the rise as household debt …
Remember this? General Wesley Clark: Wars Were Planned – Seven Countries In Five Years These seven countries are / were the only countries in the world not under the control of the world bank h/t TIO JUAN
The Left has played their final hand, and it’s a loser. The Constitution, Bill of Rights and rule of law is the Royal Flush and WE THE PEOPLE hold the winning cards. Dustin Nemos joins me to discuss the shrill …
remember those scammers that say they can efficiently make water from air to solve world problems?? h/t Agent Smith 2014
Josh Sigurdson talks with Dr. Ron Paul, former congressman, presidential candidate, author and host of The Liberty Report. Dr. Paul talks about the coming dollar crash and how it will happen. There is no escaping the fact that all fiat …
$TSLA debt structure is horrendous — Snap! Crackle! Pop! = Bankrupt pic.twitter.com/PRq8JZtQRS — Alastair Williamson (@StockBoardAsset) August 22, 2018
Do you think many people will suffer especially since pensions and social security will be slashed? At this time, we are witnessing countless people going bankrupt. The baby boomers are the biggest group in fact. It seems as though we …
by Michael Snyder America, you officially have a debt problem, and I am not just talking about the national debt. Consumer bankruptcies are surging, corporate debt has doubled since the last financial crisis, state and local government debt loads have never …
https://twitter.com/StockBoardAsset/status/1026178078601629696 Simple logistics they say. Right. Ain’t nothing simple about this bro. https://twitter.com/TeslaCharts/status/1026475898973958145 https://twitter.com/StockBoardAsset/status/1026452920177487872
via thefreethoughtproject: As the United States government admits that Social Security and Medicare services are going bankrupt and will both be completely depleted within the next 16 years, American taxpayers are giving around $10.5 million to a close ally that is routinely …
via fee.org: Join Antony Davies and James Harrigan as they talk about No money source in the world has enough money to cover the US government’s budget deficits. Now what? It’s a well-established fact that Social Security and Medicare are …
“The best hope for a failed state such as Illinois is to let the state go bankrupt.” The State of Illinois incurred deficits reaching nearly $15 billion in 2017, and those deficits are projected to double to $30 billion in …
Are you in New Jersey? What can you tell me about the situation there? I need some inside information! New Jersey is in the same trouble as Illinois and other parts of the US. They have promised more than they …
By Rodney Johnson I’ve spent the last few weeks diving deeper into the pension mess in the U.S. while researching for the June issue of Boom & Bust, due out to subscribers this week. And I’ve come to a conclusion. We’re in deep trouble. Some things are obvious. Puerto …
JCPenney is in serious trouble. There’s no sugarcoating it. The department store chain, famous for its Christmas catalogs, is losing money — and customers. It has a lot of debt. And not much cash. A dismal earnings report on Thursday …
by James Hall Hospitals are now government subsidized monopolies. They have little to do with improving the health of patients but have everything to do with dispensing pharmaceutical industry drugs and treatments. The net result is that small and rural hospitals …
via SA Boston University economist Laurence Kotlikoff warns “our country, frankly, is bankrupt.” Ian Bezek offers an insider’s view of the risks and potential of the Mexican market. John Cochrane analyzes what did Bear Stearns in. Boston University economist Laurence Kotlikoff …
by adam dick, ronpaulinstitute.org Questioned, in a Wednesday RT interview, about North Atlantic Treaty Organization (NATO) Secretary General Jens Stoltenberg’s recent comment that there is no intention to stay in Iraq “longer than necessary,” libertarian communicator Ron Paul quipped that “their definition …
Josh Sigurdson talks with author and economic analyst John Sneisen about a rather alarming issue that affects basically everyone who has money in a bank… Insolvency. John researched nearly every major bank and credit union and the truth is truly …
Authored by Chris Hamilton via Econimica blog, The US federal debt has again been on the move, as of mid-week up to a fresh record of $20.7 trillion. But, really, without some sort of reference point, what does that mean? Typically, …
When all is said and sold off, GE’s debt burden – much of it attributable to GE Capital – looks enormous versus the size of the remaining assets and cash flow. By Leonard Hyman and Bill Tilles: Three titans of …
As far as I’m concerned, Venezuela is bankrupt. There’s no way out of this through natural market forces. Who do you think will come to their rescue? The IMF? China? Russia? Or will there be a coup? Venezuela is undergoing …
https://www.youtube.com/watch?v=yftHDJF8Qbk In a turn of events that likely shocks no one, British luxury cellphone manufacturer Vertu is shutting down operations. The last few years have not been kind to Vertu, which made a name for itself by offering cellphones built …