The Fuse is Now Lit on Over $10 Trillion in Corporate Debt

Buckle Up, This Could Get Messy! July 13, 2020 UNSUBSCRIBE | ARCHIVES Urgent Warning We’ve never seen an announcement like this… It’s so groundbreaking, it will be removed from the web Wednesday morning at 9:30am.  Don’t Invest Another Dollar Until You Watch This 3-Minute Video. The Fuse is Now Lit on Over $10 Trillion in Corporate Debt Dear Money & Crisis Reader, We are now entering the time in which the true structural damage caused by the COVID-19 pandemic will be revealed. Back in April when the economy was on lockdown, it became clear that many large businesses were in serious trouble – specifically restaurants, commercial real estate, and retail. At that time, multiple large chains informed their lenders that they would NOT be paying rent in April. Here's a headline from March 26: Cheesecake Factory, Subway, other major retailers tell landlords they can't pay April rent due to coronavirus Source: Yahoo! Finance  To deal with this issue, banks and large financial institutions gave their borrowers 90-day forbearances on their debt payments… meaning those groups wouldn't be required to make debt payments for 90 days. Put another way, the banks told these businesses: "Don't worry about making any debt payments for 90 days… think of this as a debt holiday." That was in April… exactly 90 days ago. The Plot Against Trump (and Why It Will Fail) They’ve tried to suggest he’s in Putin’s pocket...   They’ve tried to impeach him on the weakest grounds…   And they’ve even tried to pin a global pandemic on him.   But, one of the most sought-after financial analysts in the world is more convinced than ever that Trump will win a second term, despite the witch hunt in the media.   And when he does it could send one specific stock shooting up.   Find out why and how you could take advantage by clicking here. Buckle Up… This Could Get Messy This means these same businesses will now have to start making debt payments again. And if they have not yet truly recovered from the economic shutdown… we're about to see a tsunami of defaults and bankruptcies, as well as layoffs and shutdowns.  This process has already begun. Simply take a look at a few recent headlines:   Wells Fargo reportedly preparing to cut thousands of jobs United Airlines warns it could furlough 36,000 employees by Oct. 1 as demand remains low Storied apparel brand Brooks Brothers files for bankruptcy as it seeks a buyer and closes dozens of stores Muji files for bankruptcy GNC files for bankruptcy and will close up to 1,200 stores 24 Hour Fitness files for bankruptcy, closes more than 100 gyms All told, US corporations have over $10 trillion in debt. And corporate leverage is WORSE today than it was in 2008. It's only going to get worse from here on out. That said, there is a way to play this… Smart investors are already taking steps to profit from the next major downturn in the markets. On that note, I already alerted subscribers of my Strategic Impact newsletter to two trades designed specifically to profit from the next leg down in the markets. To learn more about this research service… simply click here. Best Regards, Graham Summers Editor, Money & Crisis Which side hustle could make you the most money in 2020 and beyond? Millionaire entrepreneur reveals 177 wealth-building secrets in this book… ►On page 197, you’ll see how to generate a new cash flow in a weekend, from anywhere in the world. ►On page 221, you’ll learn how to create an online course — and earn up to thousands in 45 minutes. ►And on page 161, you’ll find 10 businesses you can start from home today. Click here to learn how to claim your copy today! 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