The “Biblical” Default Wave Arrives: Here Is The Avalanche Of Bankruptcies Unleashed By Coronavirus

and The Official Plandemic Elected Officials… Months ago, we said that it was just a matter of time before a “biblical” wave of bankruptcies was about to be unleashed on the U.S. due to the coronavirus pandemic … and sure enough, the first wave is corporate defaults are starting to wash across U.S. shores, with companies in every industry – from retailers to airlines, and restaurants – but also sports leagues, a cannabis company and an archdiocese plagued by sex-abuse allegations. These are some of the more than 110 companies tracked by Bloomberg that have declared bankruptcy in the U.S. this year and blamed Covid-19 in part for their demise. While some were in deep financial trouble even before governors ordered non-essential businesses shut to help contain the spread of the virus, most will reorganize and emerge from court smaller…

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