Devin Nunes

While it may be difficult to understand why cities and even entire states would doom themselves to insolvency by undertaking these obligations, the answer is simple: Democratic politicians, who have near-total political control of California and of America's biggest cities, support this massive transfer of wealth to public employees.

American Politician

Pierre Poilievre

Canadians no longer have any financial room. Half of Canadians are $200 away from insolvency. They are facing a slowing economy with a diminishing number of jobs, and a rising cost of living to go along with it. That is the consequence of the Trudeau, Morneau tax-and-spend agenda, which is driving our economy down.

Canadian Politician

Brendan I. Koerner

The dearth of business activity on the traditional day of rest makes Sunday an ideal time to declare insolvency. Bankruptcy petitions are time-stamped to the minute, instantly dividing a failed company's dealings into pre-bankruptcy transactions and post-bankruptcy transactions.

American Author

David Limbaugh

No one can reasonably deny that Medicare is headed for insolvency, and that Medicare's insolvency, if not rectified, will lead to the federal government's insolvency.

Mark McKinnon

Social Security and Medicare are necessary safety nets, but they are nearing insolvency as fewer pay in, more take out, and more take out more.

American Businessman

Paul Singer

What you have in legacy countries is long-term insolvency.

Joe Miller

The entitlement state has driven us into insolvency.

Insolvency suggests serious financial trouble, beyond just being low on cash.

Financial Distress

Insolvency can lead to legal actions like bankruptcy protection or liquidation.

Legal Implications

Insolvency doesn't always mean bankruptcy; it's about poor liquidity, not total failure.

Not Bankrupt Yet

 a work-for-life proposition, just a job loss, medical diagnosis or divorce away from insolvency. We may not have hit rock bottom, but many of us saw a sequence of events where rock bottom was possible for the first time.