Monday , November 4 2024
Home / Mike Norman Economics / Car rental giant Hertz files for bankruptcy as its vehicles remain idled by pandemic — John Solomon

Car rental giant Hertz files for bankruptcy as its vehicles remain idled by pandemic — John Solomon

Summary:
Car giant was already saddled with debt before COVID-19 struck. Anomaly, or indication of systemic risk owing to debt?Just the NewsCar rental giant Hertz files for bankruptcy as its vehicles remain idled by pandemic John SolomonSee alsoIt's not just a matter of reopening. Will the customers be there?BBCCoronavirus: Leading economist warns of 10 years of depression and debt Karishma Vaswani interview with Nouriel Roubini

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00

Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow

Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten

Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.

Car giant was already saddled with debt before COVID-19 struck.
Anomaly, or indication of systemic risk owing to debt?

Just the News
Car rental giant Hertz files for bankruptcy as its vehicles remain idled by pandemic

John Solomon

See also

It's not just a matter of reopening. Will the customers be there?

BBC
Coronavirus: Leading economist warns of 10 years of depression and debt

Karishma Vaswani interview with Nouriel Roubini
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *