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Giuliano Giacaglia
@giu
US bankruptcies hit the highest level in 14 years: There have been 346 bankruptcy filings in the US, year-to-date, the most since 2010! ππ
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phil
@phil
I'm surprised the numbers are so low for a country with 300M people.
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Abbasπ©πΎ
@0xabss.eth
No wonder, due to a combination of high interest rates, persistent inflation, and economic uncertainty, these factors have increased borrowing costs and financial strain on businesses and consumers, leading to a rise in bankruptcy filings.
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Synergy π
@synergy1
Thatβs why Bitcoin
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Ox.crypto
@ox-crypto
I bet a big portion of it is a newly founded company. The company market is really crowded imo. Lot's of competitors and such hence the soaring bankruptcy.
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