To: John W
*Cheesecake Factory just announced it won’t make its April Rent payments for retail locations
*LSC Communications prepared to file Chapter 11
*Frontier Communications about to file Bankruptcy with around $17 billion in debts
*Neiman Marcus is probably close to filing bankruptcy as well
*US National debt projected to be over $30 Trillion by the end of the year
36 posted on
03/30/2020 8:25:40 AM PDT by
Roman_War_Criminal
(Like Enoch, Noah, & Lot, the True Church will soon be removed & then destruction comes forth.)
To: Roman_War_Criminal
Yes, it is going to be a bloodbath. I believe they will try to print their way out of it.
105 posted on
03/30/2020 9:07:09 AM PDT by
rb22982
To: Roman_War_Criminal
How many of those companies were only alive because of helicopter money in the first place?
The Congress is to blame for setting up US Tax Law such that it was more tax-advantaged to fund US businesses wtih debt than with stock purchases.
140 posted on
03/30/2020 9:55:13 AM PDT by
grey_whiskers
(The opinions are solely those of the author and are subject to change with out notice.)
To: Roman_War_Criminal
*Cheesecake Factory just announced it won’t make its April Rent payments for retail locations There's a long list of companies that have made that announcement. It's called Force Majeure. Every property lease agreement has it by default.
195 posted on
03/30/2020 12:52:44 PM PDT by
usconservative
(When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
To: Roman_War_Criminal
Not a good time to be a mall landlord. Maybe they will convert to hospitals.
To: Roman_War_Criminal
*Frontier Communications about to file Bankruptcy with around $17 billion in debts Come on now, don't throw these woodchucks into the mix. They ran their company into the ground well before COVID-19 was an issue.
199 posted on
03/30/2020 12:57:34 PM PDT by
Fury
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