DonGlock26
Diamond Member
- Sep 15, 2024
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"Urgent warning to Americans as key economic indicator hits highest level since 2008 financial crisis
US corporate bankruptcies hit their highest level since the 2008 financial crisis - as Americans tighten their belts.
Companies have also incresingly been grappling with high rising debts - driven by high interest rates that caused borrowing costs to spike.
In 2024, 686 companies filed for bankruptcy, up 8 percent from 2023 - and almost more than 2021 and 2022 combined. It also marks the most filings since 2010, according to data from S&P Global Market Intelligence."
www.dailymail.co.uk
This must be the wonderful Biden economy the Leftists are bragging about. Bidenomics is killing companies and wiping out American jobs.
US corporate bankruptcies hit their highest level since the 2008 financial crisis - as Americans tighten their belts.
Companies have also incresingly been grappling with high rising debts - driven by high interest rates that caused borrowing costs to spike.
In 2024, 686 companies filed for bankruptcy, up 8 percent from 2023 - and almost more than 2021 and 2022 combined. It also marks the most filings since 2010, according to data from S&P Global Market Intelligence."
Very alarming economic indicator hits highest level for 14 years
An ominous measure of problems for the US economy jumped last year - and was amost twice the level it was in recent years.
This must be the wonderful Biden economy the Leftists are bragging about. Bidenomics is killing companies and wiping out American jobs.
