That’s a bunch of jobs that will be lost if they default. Right before the holidays is not a fun time to lose a job either.
So I read this along with the subprime auto loans in trouble and in,surname companies on the ACA exchanges needing to be bailed out.
But didn’t Hussein tell us the crisis is over?
I’m wondering if this whole scenario hasn’t been a collaborated effort by dear leader and the Saudis to destroy ‘big oil’ and eventually drive prices through the roof
Building a business on borrowed money is a loosing strategy. If you can’t pay for it you don’t need it.