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Bankruptcy is a form of debt forgiveness. I don't see the problem, I see restaurants close only to see a new one move in a few months later. Even during good t
by AniseAbyss 6y ago
Bankruptcy is a form of debt forgiveness.
I don't see the problem, I see restaurants close only to see a new one move in a few months later. Even during good times its a risky business.
- postpawl 6y agoIt’s a problem when you consider the trillions more the fed sent to loans for big businesses + banks, buying stocks, and buying mortgage bonds (which also kinda went to banks).