More SHUTTING DOWN????
From the WSJ:
The owner of national casual-dining chains Bennigan's, Ponderosa and Steak and Ale is in talks with its major lender GE Capital Solutions in an effort to stave off a possible bankruptcy filing ...
Earlier this year, the parent companies of the Bakers Square, Village Inn and Old Country Buffet filed for Chapter 11 bankruptcy protection, citing fall sales and rising food costs. A host of other chains -- from Outback Steakhouse to Ruby Tuesday's -- are also struggling.
Almost a dozen airlines shut down. Restaurants closing all over the place. Mortgage companies closed up. Banks laying off thousands. Homebuilders shrinking and closing. Government laying off. Retailers shutting down.
How long can this continue and to what end?????