‘Tis The Season For Bankruptcies, Store Closings And Tent Cities…
by Michael Snyder We need to make 2021 a year of hope, because right now there is more economic suffering in America than we have seen since the Great Depression
by Michael Snyder We need to make 2021 a year of hope, because right now there is more economic suffering in America than we have seen since the Great Depression
CIBC Typically, during a recessionary period, businesses see their revenue decline, lay off staff and then some are forced to close their doors for good. However, thanks to the strength
Experts are warning that a stock market crash is brewing and it will devastate the prospects of an economic rebound and boost a massive banking crisis with bankruptcies. In
The retail apocalypse is causing bankruptcies, liquidations, and store closings that are fast spreading across the nation, and celebrated iconic brands are witnessing the inevitable collapse of their businesses as
by Michael Snyder The U.S. economy was supposed to be turning a corner by now, but instead it looks like we are headed for an exceedingly painful winter. All over
U.S. Retail Bankruptcies, Store Closures Hit Record in First Half Retail bankruptcies, liquidations and store closings in the U.S. reached records in the first half of 2020 as the Covid-19
Large Bankruptcies pic.twitter.com/nrQVucmKgd — Win Smart, CFA (@WinfieldSmart) September 8, 2020 Permanent layoffs in the US keep climbing. pic.twitter.com/cfOyzk2Pk8 — Win Smart, CFA (@WinfieldSmart) September 10, 2020 'The 65% of
by Daniel Lacalle via Mises Misguided lockdowns have destroyed the global economy and the impact is likely to last for years. The fallacy of the “lives or the economy” argument is evident now that we
By Irina Slav Offshore drilling major Valaris became the latest victim of the crisis this week as it filed for bankruptcy in the U.S., proposing a swap of some $6.5 billion in
There have been numerous major events which have taken place already in 2020. Shockingly, this is only the tip of the iceberg. There will be delinquencies and bankruptcies that will
BANKRUPTCIES ALMOST UP TO 09 LEVELS pic.twitter.com/yW1n27mzgR — Win Smart, CFA (@WinfieldSmart) August 4, 2020 Fed Senior Loan Officer Survey – C&I underwriting standards. Net % tightening standards: +70% this
Joseph Minarik, Conference Board Chief Public Policy Economist Fmr. OMB Chief Economist & Chief Economist to Pres. Clinton discusses the need for more stimulus amid the challenges many Americans are
By Irina Slav More than thirty billion dollars: this is the size of the collective debt of oil and gas companies that filed for bankruptcy protection in the first half
by visualcapitalist The Growing Wave of Oil & Gas Bankruptcies in 2020 2020 hasn’t been kind to the energy sector, and a growing wave of energy bankruptcies has started to build.
To keep in mind! US bankruptcies are spiking, initial jobless claims are transforming into permanent job losses and second waves are likely if not a given. Chart via @trevornoren pic.twitter.com/sVmhX44XpU
Retail bankruptcies are piling up at a record pace, via @joshfromalaska "Five filed in the first two weeks of July, matching the record for a month with more than two