Category Archives: Default

Who’s Next? Venezuela’s Collapse Puts These Nations At Risk

Who’s Next? Venezuela’s Collapse Puts These Nations At Risk | Zero Hedge http://www.zerohedge.com/news/2017-11-18/whos-next-venezuelas-collapse-puts-these-nations-risk Re-posted from Zero Hedge. Geoff Geoff Comments: Venezuela’s default is a major economic problem for many other countries…

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Venezuela Officially Declared In Default

Venezuela Officially Declared In Default | Zero Hedge http://www.zerohedge.com/news/2017-11-10/venezuela-officially-declared-default-due-missed-interest-payment Re-posted from Zero Hedge. Geoff Geoff Comments: Venezuela has been kicking this can down the road for more than a decade, its finally run out of road…

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“It Will Be A Disaster”: Puerto Rico To Run Out Of Cash On October 3

“It Will Be A Disaster”: Puerto Rico To Run Out Of Cash On October 31 | Zero Hedge http://www.zerohedge.com/news/2017-10-04/it-will-be-disaster-puerto-rico-run-out-cash-october-31 Re-posted from Zero Hedge. Geoff Geoff Comments: Puerto Rico was bankrupt (effectively) before the Hurricanes…

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Illinois Unpaid Vendor Backlog Hits A New Record At Over $16 Billion

Illinois Unpaid Vendor Backlog Hits A New Record At Over $16 Billion | Zero Hedge http://www.zerohedge.com/news/2017-09-19/illinois-vendor-backlog-hits-new-record-over-16-billion Re-posted from Zero Hedge. Geoff Geoff Comments: Illinois and Chicago are Bankrupt, someone should let them know…

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Credit-card defaults have spiked as lending standards fall

Credit-card defaults have spiked as lending standards fall – Business Insider http://www.businessinsider.com/credit-card-defaults-have-spiked-as-lending-standards-fall-2017-6 Re-posted from Business insider. Geoff Geoff Comments: Human nature rules here, people and the businesses they run, have a tendency to over extend when credit is loose, causing … Continue reading

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China Starts 2017 With Highest Number Of Corporate Defaults In History

China Starts 2017 With Highest Number Of Corporate Defaults In History | Zero Hedge http://www.zerohedge.com/news/2017-04-03/china-starts-2017-highest-number-corporate-defaults-history Re-posted from Zero Hedge. Geoff

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Massive Cascade of Eurozone Defaults Coming Up

Massive Cascade of Eurozone Defaults Coming Up | MishTalk https://mishtalk.com/2017/03/09/massive-cascade-of-eurozone-defaults-coming-up/ Re-posted from MishTalk. Geoff

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The Great California Earthquake of 2018: First State To Default

The Great California Earthquake of 2018: First State To Default http://www.americanthinker.com/articles/2017/01/the_great_california_earthquake_of_2018_first_state_to_default.html Re-posted from American Thinker. Geoff

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As Mystery Of China’s Multi-Billionaire Default Deepens, A New “Bond Scare” Emerges

As Mystery Of China’s Multi-Billionaire Default Deepens, A New “Bond Scare” Emerges | Zero Hedge http://www.zerohedge.com/news/2016-12-26/mystery-chinas-multi-billionaire-default-deepens-new-bond-scare-emerges Re-posted from Zero Hedge. Geoff

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Expect Global Trade Collapse; Bills That Won’t Be Paid; Deflation Coming Up?

Expect Global Trade Collapse; Bills That Won’t Be Paid; Deflation Coming Up? | MishTalk https://mishtalk.com/2016/11/15/expect-global-trade-collapse/ Re-posted from MishTalk. Geoff    

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