The death throes of the US economy: US Bankruptcy Filings Increase 7 Percent Yearly. In Febr...

The death throes of the US economy:

US Bankruptcy Filings Increase 7 Percent Yearly. In February, the rate of inflation was 2.4 percent, which surged to 3.3 percent in March and 3.8 percent in April.

In a May 14 report, S&P Global warned that the trajectory of bankruptcy filings could increase over the coming months, citing “inflationary pressures, elevated fuel prices, and other macroeconomic uncertainties, largely related to the Middle East war.”

https://www.theepochtimes.com/....business/us-bankrupt

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