So many bankruptcies. Companies in chapter 11. I see nothing but depression ahead.
Your view is important – for you. But understand this: when a company goes into chapter 11 it is re-organizing, getting rid of a lot of creditors and have a judge wipe out a lot of debt. Then it – like Phoenix from the ashes – re-emerges. That is not really a bankruptcy. Chapter 7 is going out of business for good. So, if you are worried, look at the “bankruptcy” closer: Chapter 7 or chapter 11? If they are all chapter 11 … fewer worries.