3 ms·
Probably there was something else going on. The current U.S. President has used bankruptcy for some of his companies, and this came up during the Republican pr
by rossdavidh 6y ago
Probably there was something else going on. The current U.S. President has used bankruptcy for some of his companies, and this came up during the Republican primary season in 2016 when he and Carly Fiorina, one of the other Republican candidates, were both called failed businesspeople because they had both used bankruptcy.
So I wouldn't say that the U.S. culture is particularly one of bankruptcy being an extreme embarrassment; we elected a President who has used bankruptcy. Now granted, occasionally HE says something that is an extreme embarrassment, but that's a whole different issue.
I do wonder how suicide rates have been trending during the pandemic lockdown with social isolation and such. No idea if it was a factor here, but I wonder.