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A Reckoning Looms for Commercial Real Estate—and Its Lenders
Even as Covid-19 cases surge world-wide, the arrival of viable vaccines holds the promise of a return to something resembling normality by the middle of next year. But the commercial real-estate sector may never get back to normal, and that could spell trouble for...
Economic Implosion In 2020: Eighteen Signs The Global Economy Has Come Apart
In just six weeks, the entire global economy has completely come apart. All over the world we are seeing numbers fall faster than we ever have before, and the outlook for the rest of the year is exceedingly bleak. Fear of the coronavirus is going to paralyze...
Mitch McConnell Says Struggling States Should File For Bankruptcy
Over the past month, the economic shutdown resulting from the coronavirus pandemic – which as we hear every day was “nobody’s fault” just to make sure there are no unpleasant mentions of moral hazard during the biggest bailout in history…...
Pier 1 To File Bankruptcy & Close 450 Stores (RTD Quick Take)
Pier 1 Imports on Monday said it intends to close up to 450 locations, or almost half its fleet of 942 stores, as it unexpectedly reported quarterly earnings amid bankruptcy rumors. Pier 1′s losses have been mounting, as its sales decline. And this latest quarter was...Start Your Dollarcation With RTD University
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