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Trappin Tuesday's

BANKRUPTCIES AT AN ALL TIME HIGH | Wallstreet Trapper (Trappin Tuesday's)

Trappin Tuesday's

Wallstreet Looks Like Us Now Network

Business, Wallstreet Trapper, Investing, Entrepreneurship

4.92K Ratings

🗓️ 16 July 2023

⏱️ 18 minutes

🧾️ Download transcript

Summary

BANKRUPTCIES AT AN ALL TIME HIGH | Wallstreet Trapper (Trappin Tuesday's) Trappin Tuesday's The Recession Tour - https://www.recessiontourlive.com/ THIS ONCE-IN-A-LIFETIME TOUR ISN'T JUST ABOUT FINANCE...IT'S ABOUT FREEDOM! FROM PAYCHECK TO POWER, FROM STREETS TO STOCKS. THAT'S THE JOURNEY WE'RE ON... WILL YOU JOIN ME?? https://www.recessiontourlive.com/ Join our Exclusive Patreon!!! Creating Financial Empowerment for those who've never had it. https://www.patreon.com/Wallstreetlookslikeu...

Transcript

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0:00.0

Who's swimming naked?

0:09.0

swimming naked?

0:10.0

Who's swimming naked?

0:13.0

Watch this y'all.

0:15.0

In the first half alone in 2023, we've had 340 companies go bankrupt.

0:21.0

That's the most companies in 13 years. That's the most companies that have

0:28.1

went bankrupt in 13 years, y'all. 340 companies have went bankrupt.

0:35.0

Here's what I want us to understand behind that.

0:37.0

And this is what I want to get into,

0:39.0

I'm going to make some people mad behind this for a second.

0:41.0

This is a whiteboard moment for me for a minute I want to make some people mad

0:44.6

when I say this right it's easy for me in 2023 to say if you would have bought

0:50.0

this company 10 years ago this is what you have It's easy for me to say if you'd have bought this company

0:56.1

20 years ago this is what you have. It's easy for me to say that in hindsight.

1:13.0

Y'all get what I'm saying? Like in hindsight that's easy to say. But here's I did a little homework and I want to show y'all something right quick. Every company ain't made for you to hold, this is a whiteboard moment, y'all.

1:16.6

Put the whiteboard on the screen so they can see it.

1:18.2

Put the whiteboard moment clip on the screen so they can see it,

1:20.8

dead. I like that graphic.

1:22.3

I like that graphic. This is a whiteboard moment.

1:25.6

And then we're gonna get up off it.

1:27.0

Here we go.

1:30.0

2006. 2006 ExxonMobil Mobile, General Electric, Microsoft, Citibank, Bank of America, Shell, BP, and Petro China.

...

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