A well-established arms manufacturing and dealing company just recently filed for bankruptcy. The company, Remington Outdoor Co., had racked up more than $ 950 million in debt. The reasoning for filing for bankruptcy, however, likely has a lot to do with their inability to find lenders amidst the March for Our Lives movement.
A connection to another period in United States history would be the latter half of the Roaring Twenties, when banks began to file for bankruptcy due to gross inflation of U.S. currency. Although not to such a ginormous scale, the company is amidst a similar situation to that of private banks in the early pree-Great Depression.
https://www.bloomberg.com/news/articles/2018-03-26/cerberus-s-remington-gunmaker-seeks-bankruptcy-shield-from-debts
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