Bankruptcies continue to snowball. Who is holding the bag for these businesses that are going under? And what does it mean for the broader economy?
Eventually we will see larger dominoes fall if the economy continues to weaken. There will
be consequences for these tighter financial conditions.
It feels like we are moving past the “gradually” and getting closer to the “suddenly.”
#recession #economics #bankruptcy
learnaboutbit / Learn About Bit
npub12h…d9cgq
2024-07-10 21:55:08
Author Public Key
npub12h2pk4fg6gp4erd22593as03ddmx8h9ed96xpdqm77m7rh3fp4dsrd9cgqPublished at
2024-07-10 21:55:08Event JSON
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"content": "Bankruptcies continue to snowball. Who is holding the bag for these businesses that are going under? And what does it mean for the broader economy?\n\nEventually we will see larger dominoes fall if the economy continues to weaken. There will \nbe consequences for these tighter financial conditions.\n\nIt feels like we are moving past the “gradually” and getting closer to the “suddenly.”\n\n#recession #economics #bankruptcy",
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