Small Businesses File For Bankruptcy At Record Pace

he United States is witnessing a surge in bankruptcies among small businesses that has exceeded levels not witnessed since 2020. A note from UBS, which was evaluated by The Epoch Times, indicates that the situation could potentially deteriorate as the ripple effects of the recent banking crises start to materialize.

According to UBS Evidence Lab’s report, private bankruptcy filings in 2023 have surpassed the peak recorded during the initial stages of the COVID pandemic by a significant margin.

The average of private filings over a four-week period in late February was 73 percent higher than in June 2020, as reported by Zero Hedge.

"Small Businesses File For Bankruptcy At Record Pace, Surpassing COVID Crash"
READ MORE: https://www.zerohedge.com/economics/small-businesses-file-bankruptcy-record-pace-surpassing-covid-crash

Links for B.C.

Visit My Website
https://bcbegley.com

Follow Me On Facebook
https://www.facebook.com/B.C.Begley

Subscribe To My Patreon
https://www.patreon.com/bcbegley

Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A

Follow Me On Twitter
https://twitter.com/BC_News1

Watch Me On Rumble
https://rumble.com/c/c-280191

Follow Me On Gab
https://gab.com/BC_Begley

Follow Me On Parler
https://parler.com/profile/Bcbegley20...

Watch Me On BitChute
https://www.bitchute.com/channel/FYML...

Subscribe To The Apocalypse Watch App
https://newapocalypsewatch.com