I found your view on Chapter 11 most interesting. Why did I not know this? I got concerned about your solvency crisis. More please.
I found your view on Chapter 11 most interesting. Why did I not know this? I got concerned about your solvency crisis. More please.
Well, we have a total disconnect of the stock market and the economy, guided by government selling bonds to itself and then spending the money. We also have a ‘non-payment of credit card crisis’ and a ‘nonpayment of rent crisis’ and a ‘major, major insolvency crisis’ in brand name companies. So, we have an insolvency crisis that has to be worked out … So far major companies that filed for Chapter 11 bankruptcy in 2020 are featured at Wikipedia… 65pages are in this category” Look it up here: https://en.wikipedia.org/wiki/Category:Companies_that_filed_for_Chapter_11_bankruptcy_in_2020