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290,207 Views • Oct 6, 2023 • Click to toggle off description
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Views : 290,207
Genre: News & Politics
Date of upload: Oct 6, 2023 ^^
Rating : 4.778 (243/4,127 LTDR)
RYD date created : 2024-05-14T16:46:39.378942Z
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YouTube Comments - 447 Comments
Top Comments of this video!! :3
Bankruptcy is a legal process that individuals or businesses can undergo when they are unable to repay their debts. It provides a framework for financial relief and a fresh start. There are different types of bankruptcy, such as Chapter 7 and Chapter 13 in the United States, each with its own rules and implications. Bankruptcy can have long-term effects on one's credit and financial standing, so it's essential to carefully consider the decision and seek professional advice when facing overwhelming debt.
357 |
A Bank crash/crash in the stock or real estate markets has less of an immediate impact on people's standard of living than inflation or currency devaluation. That the market is so negative at the moment shouldn't be shocking. If we are to survive in this economy, we need assistance right away. The ETF and stock markets are still quite volatile, just like the property market. Now all that's left of my $370K portfolio is ruins.
257 |
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
299 |
Let me save you 6 minutes, it is the high interest rates that kills those companies
266 |
That's what happens when you build an entire economy on debt
161 |
We in Africa used to admire how Americans do soo much shopping everyday and wondered how americans are soo rich......and with movies showing the prosperity in America, everyone wanted to go to America....little did we understand its all on credit.
Looks like the time to pay is here with them.
9 |
And CEO’s will make more money than ever. Their are parts of this story that needs to be told.
34 |
This used to be one of my most watched channels... sadly, it's been a while since i visited it has been a very rough year... i am experiencing one of the toughest phases of my life... Lost a fortune lnvesting in emerging companies. Hopeful, for a turnaround.
69 |
easy money has ruined us
24 |
More consumers are shopping online. You will also see companies fail because they take a political stand and its customers cancelling them.
9 |
It's been a rough year with losses from failed banks and government, real estate crashes, a struggling economy, and downturns in stocks and dividends. It feels like everything has been going wrong.
What a terrible year it is…
118 |
The private equity transfering debt to hospitals might lead to higher medical costs for patients
78 |
There was a lot of PPE fraud, many owners took huge 'forgivable' loans, paid out massive bonuses knowing they would never be paid back.
89 |
overpaid executives
26 |
That's why I like the company I work for. The owner does not like being in debt. He's not letting the accountants ruin his machine.
53 |
Bad management burning cash. Low interest rates just gave them more time to squander the money, and more money to squander
24 |
And yet CEO's salaries always go up! It's as if greed is consuming all sectors of our economy.
12 |
THE BIGGER THE BOOM ,THE HARDER THE FALL
16 |
If you didn't want to get hit by high interest rates, then you shouldn't have dug into the debt trough. Thought all these companies had 'economists' anyway?
21 |
@Rochelletrem
5 months ago
Sadly, banks continue to stumble, mortgage rates is on the rise with higher imports and lower exports, yet the FED is to lessen cost. So, where do we grow and safeguard our money now? something will eventually break if they keep raising interests and quantitative tightening.
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