Saturday, April 06, 2024

Business Bankruptcies of Major Companies Hit Record Not Seen Since Just Before Great Recession

In a stark manifestation of the economic turmoil gripping the United States, the past week has witnessed an unprecedented surge in major corporate bankruptcies
"...This alarming trend, which mirrors the darkest days of the Great Recession, underscores the far-reaching consequences of the Biden administration’s misguided economic policies, colloquially known as “Bidenomics.”
...“Total bankruptcies — including consumer, small business and big corporates — have been climbing steadily for 20 months,” Hunter stated...

No comments: