bankruptcy


Why America’s Retail Apocalypse Could Accelerate Even More In 2018

By Michael Snyder Economic Collapse Blog November 15, 2017   Why America’s Retail Apocalypse Could Accelerate Even More In 2018     Is the retail apocalypse in the United States about to go to a whole new level?  That is a frightening thing to consider, because the truth is that things are already quite bad.  […]

Why America’s Retail Apocalypse Could Accelerate Even More In 2018

Patrick J. Buchanan

Are Illinois & Puerto Rico Our Future?

By Patrick J. Buchanan LewRockwell.com June 27, 2017   Are Illinois & Puerto Rico Our Future?   If Gov. Bruce Rauner and his legislature in Springfield do not put a budget together by Friday, the Land of Lincoln will be the first state in the Union to see its debt plunge into junk-bond status. Illinois has […]


Could Illinois be the first state to file for bankruptcy?

By Against Crony Capitalism June 16, 2017   Could Illinois be the first state to file for bankruptcy? (Get ready for a state government employee bailout America)     Here’s an idea. Cut government. Cut the apparatus that has built up around the Cook County political machine. (From CBS)   Illinois residents may feel some […]

Could Illinois be the first state to file for bankruptcy?

In 1 Out Of Every 5 American Families, Nobody Has A Job

In 1 Out Of Every 5 American Families, Nobody Has A Job

By Michael Snyder Economic Collapse Blog April 25, 2016   In 1 Out Of Every 5 American Families, Nobody Has A Job     If nobody is working in one out of every five U.S. families, then how in the world can the unemployment rate be close to 5 percent as the Obama administration keeps […]


The Oil Crash Of 2016 Has The Big Banks Running Scared

By Michael Snyder Economic Collapse Blog January 19, 2016   The Oil Crash Of 2016 Has The Big Banks Running Scared     Last time around it was subprime mortgages, but this time it is oil that is playing a starring role in a global financial crisis.  Since the start of 2015, 42 North American oil […]

Running Scared

Clinton Made Student Loans Non-Discharable

By Martin Armstrong Armstrong Economics October 19, 2015   Clinton Made Student Loans Non-Discharable     The two major acts that the Clintons did perpetrate, which have set in motion our greatest crisis were (1) they repealed Glass-Steagall allowing banks to go nuts and return to proprietary trading of the 1920s at the direction of […]


Banks and Punishments

By Christopher Brauchli Common Dreams May 24, 2015 Banks and Punishments     And watten penance will ye drie for that, Edward, Edward? A Scottish Ballad (about a man who killed his father) Occasionally people inquire as to the different treatment of different kinds of persons in our legal system.  As the U.S.  Supreme Court […]


Australian Satellite Company Backed by Export-Import Bank Loans Files for Bankruptcy

By Melissa Quinn The Daily Signal April 18, 2015   Australian Satellite Company Backed by Export-Import Bank Loans Files for Bankruptcy     An Australian satellite company backed by hundreds of millions of dollars in taxpayer-funded loans from the Export-Import Bank has filed for Chapter 15 bankruptcy, putting the company’s future in doubt. According to filings […]