Last night Frontier Communications filed for bankruptcy.- JC Penny is preparing to file for bankruptcy. The 'too big to fail' (or jail, apparently) Banks have set aside billions for 'losses' and I don't think it will be enough as their profits drop sharply (watching JPM tank right now). There's serious trouble in the US Oil industry while US demand for gasoline takes a dive. This is the sucking chest wound caused by shutting down the economy, and there's worse to come IMO.
Thursday, 16 April 2020
Do you 'hear' the train coming?....................from Rico
From Theo Spark at 07:00
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