It's official:
— The Kobeissi Letter (@KobeissiLetter) August 20, 2025
The US has now seen 446 LARGE bankruptcy filings in 2025, officially +12% ABOVE pandemic levels in 2020.
In July alone, the US saw 71 bankruptcies, marking the highest single-month total since July 2020.
What's happening? Let us explain.
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Things fall apart; the centre cannot hold;
If something does not give soon many more businesses will not survive 2025-2026. We are in uncharted territory right now. Tariffs have gutted profits. I do not believe there will be any relief. Gov will allow businesses to go broke and not let up.