Kiplinger

A Wave of Bankruptcies and Foreclosures Appears to be Building

Economists and professionals in the restructuring sector of business and real estate have been anticipating a distressed economy for the past 18 months.  Thus far they have been wrong.

The public is just plain confused.  Many people today don’t trust their politicians, their news sources and, surprisingly, not even their health care providers and professionals.  This lack of trust, coupled with the pandemic-driven mandated way in which many employees work remotely, has caused many people to reassess their lives and the location from which they are willing to provide their services. 

Many employees holding mid-and upper-level jobs will opt to permanently and never return to the office.  This shift in the way people will work in the future will have a profound effect

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