Independent thinking for complex markets and current events
Without ZIRP, how are many large public companies going make those interest payments?https://t.co/pfCc29lVwD — Eventually Consistent Capital (@EventuallyCC) July 26, 2023 Everything is fine. 🔥🔥🔥Not a recession. Just one of the largest trucking companies in the USA filing for bankruptcy. 😳 pic.twitter.com/rzbvZMtbh9 — Wall Street Mav (@WallStreetMav) July 26, 2023 Beware: Bankruptcy filings have seen …
In the first half of 2023, 340 U.S. firms filed for bankruptcy, setting a new 13-year high, per CNBC: pic.twitter.com/KAUdnYdZRD — unusual_whales (@unusual_whales) July 16, 2023
by Martin Armstrong Chapter 11 bankruptcies in the US rose by 68% during the first six months of 2023, according to Equip Bankruptcy. You may have survived the pandemic, but surviving Bidenomics is proving too much for many businesses. There were 1,766 filings during the first six months of 2022, compared to the 2,973 businesses that …
via naturalnews: Electric vehicle manufacturer Lordstown Motors filed for bankruptcy protections on Tuesday, June 27, after announcing that it would put itself up for sale. It filed for Chapter 11 bankruptcy protections in a bankruptcy court in Delaware. Lordstown stated that it will be looking for potential buyers to take over its assets, including the manufacturing of the …
“Brussels, #EUCO. We want to know who is responsible for bringing the European Union to the brink of bankruptcy. Where is the money @EU_Commission?” Fair question. Some of the EU's cash is here: https://t.co/b9YhFA8iwE — Pieter Cleppe (@pietercleppe) June 29, 2023 AC
Our favorite restaurants are vanishing from sight as worsening economic conditions continue to squeeze U.S. businesses. With shoppers eating out less and tightening their budgets, even big names in the industry are seeing their operations rot from within. Over the past three years, over 160,000 restaurants have been permanently closed around the country, and unfortunately, …
by BoatSurfer600 It’s turning into a banner year for corporate bankruptcy filings, after years of Easy Money that caused all kinds of excesses, fueled by yield-chasing investors, in an environment where the Fed had repressed yields with all its might. Those yield-chasing investors kept even the most over-indebted zombies supplied with ever-more fresh money. But …
95% complete hotel in downtown Brooklyn going into bankruptcy. – 100 rooms– Valued at $29.5 million– $34M senior loan default– $3.5M subordinate construction loan– $3M mechanic’s liens@somehotelguy whats your thoughts? pic.twitter.com/F5P1nXpJ8s — Eli Lever (@aussieflya) June 5, 2023 It's setback from the street in this rendering. Are you in the market for a NYC hotel? …