Bed Bath & Beyond has just filed for bankruptcy.
Bed Bath & Beyond Files For Chapter 11 Bankruptcy https://t.co/1fJgdmr4EK
— zerohedge (@zerohedge) April 23, 2023
Bed Bath & Beyond filed for Chapter 11 bankruptcy protection after it failed to secure funds to stay afloat. It listed its estimated assets and liabilities in the range of $1 billion-$10 billion https://t.co/bVZuXueJj2 pic.twitter.com/v3SveuV5oJ
— Reuters (@Reuters) April 24, 2023
This is just another story showing how horrible the economy is. We are seeing bankruptcies, mass layoffs, bank failures, a collapsing real estate market and other major problems.
People are just living off of credit cards now, but this won’t be able to continue forever. The standard of living in America is rapidly declining, but the illusion is still there because people are just taking on enormous amounts of debt.
All I care about right now is having food to eat, having adequate shelter, the ability to maintain my health while having the means to write my shit post articles on the Internet. I have no desire or need for anything else. People will have to keep things simple if they are to get through this collapse.
