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Implications of Small Business Bankruptcies, Ep. 274
1. Rising Bankruptcy Rates: While still below pre-Covid levels, bankruptcies have increased by 16% year-over-year, with small business bankruptcies up a staggering 60%. The rate of change is alarming and may signal future economic troubles.2. Notable Bankruptcies: The hosts discussed several high-profile bankruptcies, including Red Lobster, which had accumulated $1 billion in debt, and Express, a consumer discretionary teen apparel brand. These cases illustrate the challenges faced by compani...
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