No. 35 Why Read? Now is the time to prepare for a possible recession Don’t give up on saving for the future Make tough choices now This year is shaping up to be one of the biggest for corporate bankruptcy filings in over a decade, due to a mix of economic troubles hitting already wounded companies. A slowing economy, rising interest rates, and persistent inflation are largely to blame. Many of these companies are loaded with debt that they are having difficulty repaying, which foretells more cost-cutting, layoffs, and possibly bankruptcies later this year.
The Hard Thing About Tough Choices
The Hard Thing About Tough Choices
The Hard Thing About Tough Choices
No. 35 Why Read? Now is the time to prepare for a possible recession Don’t give up on saving for the future Make tough choices now This year is shaping up to be one of the biggest for corporate bankruptcy filings in over a decade, due to a mix of economic troubles hitting already wounded companies. A slowing economy, rising interest rates, and persistent inflation are largely to blame. Many of these companies are loaded with debt that they are having difficulty repaying, which foretells more cost-cutting, layoffs, and possibly bankruptcies later this year.