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Record Bankruptcies Predicted in Next Year as Unemployment Soars

DerekJohnson
DerekJohnson Administrator, Swaye's Wigwam Posts: 68,531 Founders Club
in Tug Tavern
https://bloombergquint.com/onweb/record-bankruptcies-predicted-in-next-year-as-unemployment-soars
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Comments

  • MikeDamone
    MikeDamone Member Posts: 37,781
    Close the economy and the report bankruptcy and record unemployment like it's a big surprise
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  • LebamDawg
    LebamDawg Member, Swaye's Wigwam Posts: 8,792 Swaye's Wigwam
    I think the federal government is first in line, followed closely by the states.
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  • TurdBomber
    TurdBomber Member Posts: 20,041 Standard Supporter
    Time to make another killing, I guess.
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  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,184 Founders Club
    LebamDawg said:

    I think the federal government is first in line, followed closely by the states.

    Democratic Munis and some shitty states are likely eating it this downturn. The fed though? See my other thread. We are the only solvent sovereign debt in the world and people the world over are lining up to hold dollars.

    My real concern is that they print a shit load of money and that the "bailout" goes to those on the government's shortlist further moving us from free markets.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,108 Founders Club
    edited April 2020
    After rushing to a one size fits all destruction of the economy, Fonzi is now saying one size fits all is a bad idea to reopen

    Fuck that guy. Your 15 minutes are up. Get the fuck out
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  • PurpleThrobber
    PurpleThrobber Member Posts: 48,121 Standard Supporter
    edited April 2020
    RaceBannon said:

    After rushing to a one size fits all destruction of the economy, Fonzi is now saying one size fits all is a bad idea to reopen

    Fuck that guy. Your 15 minutes are up. Get the fuck out

    Yeah. He’s way off base with that nonsense.

    As that asshole Abe Lincoln* said you can fool some of the people some of the time, otherwise GTFO with dat bullshit.



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