Just a quarter has passed by and these are the companies that filed bankruptcy in 2018.
Claire’s
Toys R Us
iHeartMedia
Winn-Dixie
Bon-Ton Stores
And no surprise. This one had it coming. The Weinstein Co.
Source: Bankruptcies 2018 – how many more to drown in red ink?
It is easy to see that student loans were made special to be exempt from clearing in bankruptcy, because the greed of the annuity markets needed it so.
But there is an even better reason. And that is to control the 21st century generations. In the 20th century it was easy to scare people...