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Record Bankruptcies Predicted in Next Year as Unemployment Soars

DerekJohnsonDerekJohnson Administrator, Swaye's Wigwam Posts: 60,413
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https://bloombergquint.com/onweb/record-bankruptcies-predicted-in-next-year-as-unemployment-soars
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    MikeDamoneMikeDamone Member, Swaye's Wigwam Posts: 37,781
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    Close the economy and the report bankruptcy and record unemployment like it's a big surprise
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    LebamDawgLebamDawg Member, Swaye's Wigwam Posts: 8,559
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    I think the federal government is first in line, followed closely by the states.
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    TurdBomberTurdBomber Member Posts: 19,765
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    Time to make another killing, I guess.
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    UW_Doog_BotUW_Doog_Bot Member, Swaye's Wigwam Posts: 14,397
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    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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    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 102,071
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    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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    PurpleThrobberPurpleThrobber Member Posts: 42,081
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    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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