Wolf Richter: The Economy Is Cracking Under Too Much Debt

Here's a pretty complete list:

  • Logan’s Roadhouse
  • Fox & Hound
  • Champps
  • Bailey’s
  • Old Country Buffet
  • HomeTown Buffet
  • Ryan’s
  • Johnny Carino’s
  • Quaker Steak & Lube
  • Zio’s Italian Kitchen
  • Black-eyed Pea
  • Cosí
  • Rita Restaurant
  • Garden Fresh Restaurant

It's really funny. I wrote the following several years ago on PP: Several people on PP contributed, particularly Travlin and it got posted to the WSID blog:
https://peakprosperity.com/blog/how-explain-current-economic-situation-friends-and-family/54409

For months I kept having people send it to me, slightly different wording, sometimes updated numbers, but often I could pick out pieces of the original article or the updated one.  I know some people like the idea and made shorter versions, and it's always possible someone else had the same idea.  Just funny how things go round and round. 

 

Deloris a woman that I work for many years, she is in real estate, says that mortgages are becoming harder to find. She says that times are starting to get hard.