And this is just for August. Note that the numbers are just for the capital available at bankruptcy, and does not reflect any jobs lost.
Posted on 09/12/2024 3:19:58 AM PDT by davikkm
Large businesses are declaring bankruptcy at a staggering rate, and yet we are being told over and over again that the economy is just fine. Needless to say, most of the country isn’t buying it. Survey after survey has shown that most Americans believe that the economy is on the wrong track. But those that are running things continue to push their “booming economy” narrative anyway, and I suppose that will continue all the way through the election in November. Of course anyone with half a brain should be able to see the truth, because day after day we just continue to get more troubling economic numbers. For example, it is being reported that U.S. corporate bankruptcies “spiked” during the month of August…
U.S. bankruptcy filings spiked in August after a slowdown in July, propelling the total for the first eight months of the year to the highest level since 2020 and second-highest since 2010, S&P Global Market Intelligence said Monday.
There were 452 filings in the year through end August, which compares with 466 in the same period in 2020, when the pandemic was still in full swing, and 604 in the same period in 2010.
In August alone, the tally comes to 63, up from a revised 49 in July. That was the third-highest monthly total this year, behind 72 in June and 68 in April.
You can see a list of corporations that filed for bankruptcy in August right here.
It is a very long list.
The last time that corporate bankruptcies were this high was during the early days of the pandemic in 2020.
But this time around, we don’t have lockdowns to blame for the tsunami of corporate bankruptcies that we are witnessing.
(Excerpt) Read more at citizenwatchreport.com ...
It is fair to say on January 7th about 6:00 AM the MSM and that ilk will blame the horrible economy on President Trump.
They have to blame Trump because it just isn’t plausible to blame the Bushes anymore.
Good point...
The answer is as always...more non-White “immigrants” needed!
Flood the country with illiterate sweating savages and presto! The economy will flourish again.
Go bidenomics! Destroy America! Support kamala!
And this is just for August. Note that the numbers are just for the capital available at bankruptcy, and does not reflect any jobs lost.
Bankruptcies spike again and nobody is surprised it happens with every democrat term in the WH.
Your vote was counted now it’s in action.
It looks like that is the dim’s plan.
Destroy the economy and then:
1. If Trump wins, make it his fault and block all efforts to fix the economy.
OR
2. Double down on the destruction.
It looks like a few billion dollars just went poof in August alone. Quick! Send 700 million more taxpayer dollars to Ukraine!
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