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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (71986)1/8/2010 5:48:41 AM
From: Maurice Winn1 Recommendation  Read Replies (1) of 74559
 
Is that all? <The AP gathered data from the nation's 90 bankruptcy districts and found 1.43 million filings, an increase of 32 percent from 2008.>

1.4 million bankruptcies out of 200 million adults isn't a significant proportion. More than that commit suicide, or get killed in car crashes, or get murdered.

1 person in 100 is pretty much beyond redemption at the best of times, so it's surprising that the rate is that low.

Mqurice
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