Why U.S. Corporate Bankruptcies Could Skyrocket
from Elliott Wave International
“U.S. bankruptcies in the first quarter of 2021 and all of 2020 were above the 13-year average”
An April 17 article headline on the website of National Public Radio says:
U.S Economy Looking Good As Spending Jumps In March
And, on April 29, The New York Times said:
Americans’ spending on durable goods — cars and furniture and other goods meant to last a long time — rose at a stunning 41.4 percent annual rate in the first three months of the year.
Considering that the economy is “looking good,” economic observers might conclude that a wave of corporate bankruptcies is of little concern.
Source: http://econintersect.com/pages/contributors/contributor.php?post=202107080508
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Whistler Blowers, Insiders
We are talking about mom and pop’s that do not have the means to restart. We aren’t hearing about monopolies that are living off the taxpayer, wall street investments, and peoples retirement efforts. Deep state protects who they choose with the taylored 2 tier laws they pass.