(March 8, 2024 at 10:16 am)Leonardo17 Wrote:
500+ companies have gone bankrupt in Russia since the starting of the war. The economy is really not as resilient as Putin would want his electoral basis to believe:
https://www.yahoo.com/finance/news/russi...47655.html
Not sure that's the flex that yahoo wants it to be...
https://www.spglobal.com/marketintellige...r-79967180 Wrote:US bankruptcies hit 13-year peak in 2023
There were 642 total filings in 2023, significantly above the previous two years and marginally more than in 2020, which saw a flurry of COVID-19 pandemic-related filings. Although investors expect the Federal Reserve to cut interest rates as early as March, companies will still have to contend with relatively high interest rates and robust wage growth in the near term.
