US bankruptcies are surging past 2020 pandemic levels, per BI
US bankruptcies are surging past 2020 pandemic levels, per BI
Cancel the dollar and all debts payable in dollars. Let's have a financial reset and allow market participants to decide what should be used as currency.
A debt jubilee?
Yep
Trying to pay for insulin...
This recent article is about corporate bankruptcy, several big ones are chapter 11, which is less about companies going out of business and more like their owners saying -POTUS never paid his bills, why should we? 🤑 Bankruptcy is good.😩 www.businessinsider.com/corporate-ba...
Apparently you need to feel real pain before the winning starts, although not sure why when the economy was chugging along under Biden. Only variable to the pain being needed appears to be that Trump is in charge now.
Recession has been here for months now. Buckle up!!
Student loan repayment have a hand in this?
So much winning
Does this surprise anyone? The tail end of this year is going to shock people.
Not smart ones, but you are right.
No shit. Oil and gas firms are laying off today, "Drill baby drill" was a lie, they're mothballing rigs and ending production in the USA at one of the rig builders in Houston today.
Drilling is less profitable these days. Too expensive to get into and to maintain; without high levels of returns they can’t fight off the environmental lawsuits.
Oh no!
Housing crash incoming
These weak companies can’t handle the amount of WINNING going on in the economy in 2025
Why doesn't this account ever post links to the source material?
possibly this? www.newsweek.com/map-states-b...
It’s all part of trump’s “winning.” Well, are we…winning?
So much winning, MAGA!!
I had to file this year, 72k for a broken leg. No other debts. Fucking America.
That is extortionate. Hope you heal up.
The number of government workers fired alone would be enough to cause a recession.
Y’all ain’t seen nothing yet. Wait until all the Private Investment Funds start failing… the ones that have quietly bought up and merged 1,000s of companies across the Country.
These roll ups are one of the main reasons for the false readings of the market. These fucking funds are part of the problem.
The "evergreen" and "continuation fund" scam.
Just reviewed a company whose financial statements went from 300 employees to 4000 in the last 4 years all from M&A and they literally were just sold away from one of the biggest PE funds (yeah that one) and now looking to double again. This shit is everywhere and the bubble is gonna splat hard AF
For more on this: www.youtube.com/watch?v=Xtwb...
Shorter version (not just specific to the UK despite the title and beginning rhetoric): www.youtube.com/watch?v=pUKa...
"Check that, I know a guy who can fix numbers!" - DJT
GREAT
🤔 wonder why???
Personal or business?
We are number one
Kinda makes sense — we killed markets for our goods and services, then we went on a mass hunt for low cost workers, and we’re killing people’s job prospects with AI. All of that together would equal inflation and stagnation at the same time.
Amazing. Best economy in the world. Best unemployment, Jesus fuck we are so fucked for another 4+ years.