Former Home Depot CEO issues grim warning over US bankruptcies: ‘It’s different than anything I’ve seen’

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regardless of what they'd like yo to believe, we are heading in the wrong direction and it's not going to end well.

"I think we're going to see a lot of bankruptcies. Like Bed, Bath and Beyond. We got Walmart not only laying people off, but closing stores. We got Accenture laying people off. We got Amazon closing distribution centers. So I think there's a tremendous-mixed message," Nardelli said during an appearance on "Cavuto: Coast to Coast."