According to Zero Hedge, there has been a “40% eruption in bankruptcy filings” in New York City so far in 2020, and one bankruptcy lawyer is warning that “there will be an avalanche of bankruptcies” as we approach the end of the year…
As more businesses collapse, more workers will lose their jobs. So even though we have already seen more than 60 million American workers file new claims for unemployment benefits in 2020, more waves of unemployment are still on the way.
All of the dominoes are starting to fall, and every day there are more headlines that tell us that our society is coming apart at the seams.
I have been warning my readers for a very long time that this was coming, and now that it is here there will be no escape.