Posts Tagged ‘bankruptcy’
Bankruptcy Tsunami Begins: Thousands Of Default Notices Are “Flying Out The Door”
Two weeks ago, when showing the uncanny correlation between defaults and the unemployment rates, we predicted that the number of Chapter 11 filings that is about to flood the US will be nothing short of biblical. All that was missing was a catalyst… and according to Bloomberg that catalyst arrived in the past week or…Read More
The Collapse of Wall Street Lunacy: Wework Company Founded by Delusional Hype Artist May Soon Have to File for Bankruptcy
Nine years ago, the founder of the WeWork Company promised to “elevate the world’s consciousness.”The delusional hype artist, Adam Neumann, has been abruptly terminated, as the company’s initial public offering continues to implode. The failure of this company is a microcosm of the disaster waiting to happen with Wall Street. With a successful IPO, WeWork would…Read More
Trust used to be a word associated with banks,not anymore!
The loss of the family home through foreclosure or bankruptcy can be a time of blessing for the family, a time when parents and children “close ranks” and become more keenly aware of their love for one another and the important things in life—faith, family and community—and less focused on material things that have no…Read More