May. 11 at 5:06 PM
$GLD $JNUG $SLV $GDX $B
April Commercial Chapter 11 Bankruptcy Filings Increase 42%‼️ From Previous Year
Small business Subchapter V filings rose 46%‼️
Chapter 12 filings surged 130%‼️
Business financial stress is accelerating faster than consumer distress, especially among smaller firms
explanatory context: Rising delinquencies, higher borrowing costs, inflation, foreclosure increases, higher insurance/property tax costs & folks can't keep up & remember that
$2.1 trillion 2026 deficit IS a tax later down the road
Everything has begun to have the word "higher" prefacing it now. Small businesses are falling 1 after another. It's simple too expensive to run a business when you have a govt deficit of over
$2 trillion what looks to be consistently. What did Milton Friedman say...
Today we are reading that Trump's renovation of the Lincoln memorial which as slated to cost
$1.8M & now is costing
$13.1M = a 628% increase from the original price
https://www.epiqglobal.com/en-us/resource-center/news/april-commercial-chapter-11-bankruptcy-filings-increase-42-from-previous-year
