learnaboutbit on Nostr: Bankruptcies continue to snowball. Who is holding the bag for these businesses that ...

Bankruptcies continue to snowball. Who is holding the bag for these businesses that are going under? And what does it mean for the broader economy?

Eventually we will see larger dominoes fall if the economy continues to weaken. There will
be consequences for these tighter financial conditions.

It feels like we are moving past the “gradually” and getting closer to the “suddenly.”

#recession #economics #bankruptcy