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- Waiting for Armageddon
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The recent rise in corporate bankruptcies in America may well be a sign of much worse to comeCAPITALISM without bankruptcy, it is said, is like Christianity without hell. With recession looming, the air in America’s bankruptcy courts is thick with brimstone and the coals are being heated in readiness for the many sad souls whose sin was to borrow too much. After several heavenly years, in which bankruptcies fell to record lows, going bust is back. How bad will things get?…
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27 March, 2008| massmedia |
@ 14:45
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