Being on vacation, and your tour company goes bankrupt? Cancelling your flights... leaving you stranded where ever in the world you went? Apparently, this company was carrying (or trying to) over a billion pounds of debt. And when their Chinese shareholder declined to tide them over... that was all she wrote.
https://www.zerohedge.com/markets/u...r-rescue-talks-fail-650000-travelers-stranded
Along with the advice to "avoid crowds", I think I'm inclined to suggest that one shouldn't be downwind when TSHTF of a business/financial entity you're depending on. And that goes for the folk who make up the so-called "luxury markets" as well. I predicted this current environment would affect everyone at all levels, but I'm kinda revising that now. The less you have to do with the "system" the better off you'll be.
https://www.zerohedge.com/markets/u...r-rescue-talks-fail-650000-travelers-stranded
Along with the advice to "avoid crowds", I think I'm inclined to suggest that one shouldn't be downwind when TSHTF of a business/financial entity you're depending on. And that goes for the folk who make up the so-called "luxury markets" as well. I predicted this current environment would affect everyone at all levels, but I'm kinda revising that now. The less you have to do with the "system" the better off you'll be.
