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It’s on account of the economy doing so well

Posted by ipso facto @ 10:18 on July 9, 2023  

Corporate Bankruptcies Reach Highest Level Since 2010

In the first six months of 2023, there were 340 corporate bankruptcies, topping every other comparable span in 13 years, according to S&P Global Market Intelligence. This is up 93 percent from the same time a year ago and higher than in 2020, when there was a spike during the early days of the coronavirus pandemic.

https://www.zerohedge.com/personal-finance/corporate-bankruptcies-reach-highest-level-2010

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.