America's next big bankruptcy?

According to a recent article in the Wall Street Journal... Dear Reader, According to a recent article in the Wall Street Journal... Elon Musk made it clear a recent earnings call that he's worried about interest rates lowering demand for new EVs... and frankly, he should be. One of the biggest casualties of the Great Financial Crisis was the surprising fall of General Motors, one of America's oldest and most historied companies. And Elon is aware of that fact. According to the WSJ: "[Elon] ominously cited the scarring experience of 2009, when General Motors and Chrysler went bankrupt and Tesla was "hanging on by a thread." So the question before us is, "Will history repeat itself? [That's one question my good friend Porter Stansberry will answer during his can't-miss event on October 26 at 3:30 Eastern time](. Porter is the only analyst I know of who warned the public about the imminent collapse of GM's stock back in January of 2007. And today, he believes another wave of collapses is coming for one of America's most important sectors... He says that it will be similar to the wave of bank collapses we experienced last spring, only this time it will be on a much bigger scale. Admittedly, I'm still constructive on the economy and the stock market. But I believe it is critical to keep an open mind as an investor. So I'll be tuning in on October 26 to hear why he's stepping forward after three years away to issue this timely market warning.. I recommend you do the same – [click here to sign up](. Regards, Whitney Tilson Founder, Empire Financial Research --------------------------------------------------------------- All contents of this e-mail are copyright 2023 by Empire Financial Research. All rights reserved. Reproducing any part of this document is prohibited without the express written consent of Whitney Tilson. Protected by U.S. Copyright Law {Title 17 U.S.C. Section 101 et seq., Title 18 U.S.C. Section 2319}: Infringements can be punishable by up to five years in prison and $250,000 in fines. DISCLAIMER: The work included in this publication is based on SEC filings, current events, interviews, and corporate press releases. It may contain errors, and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. The views expressed in this publication do not necessarily reflect the views of Empire Financial Research. You're receiving this email at {EMAIL}. If you have any questions about your subscription, or would like to change your email settings, please contact Empire Financial Research at (800) 961-2618 (US) or (646) 609-8709 (international) Monday-Friday between 9:00 a.m. and 5:00 p.m. Eastern Time. Empire Financial Research, 1125 N. Charles Street Baltimore, Maryland 21201. If you wish to contact us by email, please do not reply to this message but instead go to info@empirefinancialresearch.com. To unsubscribe from email messages like these, please [click here](.