9 US bankruptcies all time low. “Almost any kind of business could make money. Business failures and bankruptcies became few. The boom suspended the normal processes of natural selection by which the nonessential and ineffective otherwise would have been culled out.” Michael Bury on Weimar collapse. (media.conspiracies.win) posted 3 years ago by KiloRomeo 3 years ago by KiloRomeo +9 / -0 6 comments download share 6 comments share download save hide report block hide replies
It’s peculiar to think of bankruptcy % as a matter of economic health though it sort of is in the sense that it measures the extent to which the economy is experiencing an artificial lift to otherwise standard competitive circumstances