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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (9310)4/19/2020 3:35:42 PM
From: Winfastorlose  Read Replies (1) | Respond to of 26730
 
It is starting Today, I noticed quite a few previously moderately busy shops have been cleared out over the past couple of weeks and now sit empty. Obviously the owners of those businesses were unable to survive the shut down. Now we see that robust larger businesses are also folding under the pressure. This is happening much quicker than it did in the 2008-2009 financial crisis. If this picks up momentum, it could absolutely wreck state budgets and they will be looking for more money anywhere they can find it.

Interestingly enough, Sinclair always said smart people would be "off the grid" by the time the "event" took place between 2017-2020. He constantly reminded people to do this. Of course, I never did it. lol Just watched.

Now I am beginning to wonder if my course of action was wise. If they do not reopen this economy soon, it wasn't wise.

An icon in trouble:
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Exclusive: Neiman Marcus to file for bankruptcy as soon as this week - sources

reuters.com