BANKRUPTCY STORM AHEAD, DEBT STATES OF AMERICA, STIMULUS FAIL, FINANCIAL TSUNAMI 2020, UNEMPLOYMENT
Business as well as personal bankruptcy filings will be setting records very soon, according to a professor at New York University’s Stern School of Business who developed a method called the Z-score for predicting business failures. Also, states in America are insolvent and it is being discussed, in the financial world, if bankruptcy or federal bailouts are the best option (I give my take on the matter in this vid.). We also talk stock market trickery, lock-down problems, universities getting stimulus and lots more!
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If you liked this episode: Check out these other episodes:
Homeless epidemic: https://www.youtube.com/watch?v=pXsS6a189m8
Banks are Broke / Cashless Society Push: https://www.youtube.com/watch?v=TR4ACHGAZOY
Bankruptcies Skyrocket for Older Americans: https://www.youtube.com/watch?v=4Mtc3uETXv8
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