Preserving Capital through Bankruptcy
The beauty of capitalism is the adjustments that entrepreneurs make to use existing capital stock…
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Commercial Real Estate Crash Will Soon Cause Major Foreclosures & Bankruptcies
The commercial real estate sector is now in great danger and there is little hope in turning it around…
Continue readingAlmost Half Of All Working Age Adults In The U.S. Do Not Have A Job Right Now
It is very difficult for anyone to deny how bad things have become. So many firms are suddenly going bankrupt that it is impossible to keep up…
Continue readingMnuchin: $150 Billion For States Already Gone, No Bailouts For States With Badly Managed Budgets
Mnuchin picks-up this Tuesday where Trump left off on Monday, and it’s not looking good for the poorly run states…
Continue readingIs China Accelerating The Bankruptcy Of The United States?
What will become of our jobs, homes, earnings, savings, investments, pensions, retirement accounts, and our freedoms, now and in the future?
Continue readingChris Martenson: Stock Market Drop Has Been Swift, But It’s Only The Beginning
Get ready for mass layoffs, bankruptcies spreading like wildfire, and an extinction-level event for many businesses. Here’s more…
Continue readingTHE RETAIL APOCALYPSE ISN’T OVER: MORE STORE CLOSURES EXPECTED IN 2020
More than 9,300 retail department stores have shut their doors this year…
Continue readingFrench Pensions: The Parasite Devouring Its Host
Criticizing the “public sector” is tricky as teachers, firefighters, cops and bus drivers are by-and-large great people doing hard things that benefit…
Continue readingImpeachment Circus: A Bipartisan Distraction From The War On Americans With Patriot Act Extension
While the media and American public remain glued to the ongoing impeachment circus, Congress hid an extension of the act…
Continue readingRetired Man’s Home Seized Over $8.41 In Unpaid Property Taxes
Then they sold the man’s home at auction for $24,500, even though the house was worth about $128,000…
Continue readingTrump To Steal Syria’s Oil – Sowing The Seeds Of Blowback?
President Trump again swore the US was in Syria to take its oil…
Continue readingImpeachment Hysteria! Washington’s Crippled While The World Goes Up In Flames
As Washington seizes up in impeachment fever as Hong Kong and Bolivia (among others) go up in flames…
Continue readingSears Will Close Another 100 Stores Amid Failed Turnaround
100 of the 425 Sears and Kmart stores that financier Edward Lampert acquired out of bankruptcy are set to close by year-end…
Continue readingSimon Black: Many Local Retirees In Puerto Rico Will Get Pension Cuts As Part Of Debt Restructuring
Bondholders will take a huge cut of more than 60%. But, as part of the deal, many local retirees will see their pensions cut…
Continue readingTHERE’S NO END IN SIGHT FOR THE “RETAIL APOCALYPSE”
The massive wave of store closures & layoffs in retail is very bad this year, and it’s likely to get much worse..
Continue readingMedical Debt Is Crushing Americans…Is The Health Care System On The Verge Of Collapse?
Health care expenses are a massive burden for many Americans, and for some, they can be financially devastating…
Continue readingMiddle Class Death Spiral: Consumers Have Never Been In More Debt, And Bankruptcies Are Surging
The middle class was supposed to experience a resurgence, but instead it has just continued to be hollowed out…
Continue readingTHE AMERICAN PUBLIC IS OVER LEVERAGED: BANKRUPTCIES ARE UP 5%
More and more Americans are getting themselves into so much debt that it becomes impossible to pay back their loans…
Continue readingCutting The Fed Funds Rate Will Trigger The End Game – RTD Quick Take
The Great Recession of 2008 didn’t just happen in one month. It took years to expose the fact that easy-money policies and lax standards on Wall Street didn’t help the economy overall. This […]
Continue readingFund Manager: Put A Fork In Tesla – It’s Done
Dave Kranzler says Tesla has been “done” for awhile but many of the Wall Street and investor “uber” bulls are finally starting to see this reality…
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