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Prediction Financial Collapse
Italy was hit so hard by virus sales of new cars was down 98 percent with only about 2,200 new cars registered in April according zero hedge.
J crew filed for bankruptcy and Hertz is gearing up for a bankruptcy filing and some retailers maybe to broke to file for bankruptcy. GE's avaiation branch is permanently laying off 13,000 people.
Neiman Marcus filed for bankruptcy protection today.
Hertz has now filed for bankruptcy and Pier One will liquidate all of 500 plus stores. The banks are asking for more money now on top of the two stimulus packages.

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