via Zerohedge: The cascade of defaulted regional US banks is blowing out the circulating inventory of distressed debt which expanded by about $65.9 billion last week as US insolvency courts saw six new, large bankruptcy filings, according to data compiled by Bloomberg. …
by Simon Black This isn’t over yet. Last week after Silicon Valley Bank went poof in a matter of hours, I wrote that this financial catastrophe is just getting started: “Like Lehman Brothers in 2008, SVB is just the tip …
For CEOs, social media has lost its fun CEO Jack Dorsey’s departure from Twitter shows that, in Silicon Valley today, social media is becoming a field to flee. Why it matters: Coming on the heels of Facebook’s name change and new …
via 13D Research: In an article on America’s declining birthrate (WILTW July 19, 2018), we cited an unnerving finding from a recent Federal Reserve Bank of St. Louis study: “the average net worth of a family headed by someone born in the 1980s — the …
The Media industry is collapsing. Employees are slowly becoming more and more mentally distressed due to their workload and actual journalism is being replaced by activism. The result of this is mentally distressed activists writing stories from a skewed perspective …
