Posted by
Mark1230 on Sunday, December 07, 2008 11:57:05 PM
Many of you may have seen or heard about the
situation in Chicago where workers are taking over a factory that had to be shutdown suddenly because the company couldn’t afford to pay the bills.
At least this is the current news story. (I always recommend waiting two weeks before forming an opinion on the news because it takes a while for all the facts to come out. More on that idea in a future post.)
Regardless of the details surrounding the causes of this situation, my gut tells me that what we are seeing here is just the very beginning of a massive tsunami of sudden shutdowns of companies and businesses due to the credit crunch and economic slowdown.
I hope I’m wrong, but I have a feeling that we’d better get ready….it’s going to be a very, very, bumpy ride….