Large US Companies Are Going Bankrupt At The Fastest Pace Since The Global Financial Crisis

Is the fact that large companies are filing for bankruptcy at the fastest pace in 15 years a good sign for the economy or a bad sign for the economy? I don’t even have to answer that question because all of you already know the answer. And as you will see below, other types of bankruptcies are soaring as well. We are a nation that is absolutely drowning in debt, and now bubbles are bursting all around us. I hope that you have positioned yourself for what is about to happen, because the months ahead are going to be rough.

According to Newsweek, 446 large companies filed for bankruptcy during the first seven months of this year.  That is the highest total that we have seen since 2010…

The U.S. saw a sharp increase in corporate bankruptcy filings in July, according to a recent report, reaching a post-COVID peak and placing 2025 on track to surpass last year’s total.

S&P Global Market Intelligence, the research and data arm of the credit-rating agency, found that filings by large public and private companies rose to 71 last month from 66 in June, marking the highest monthly tally since July 2020. So far in 2025, meanwhile, the total of 446 bankruptcy filings is the highest for this seven-month stretch since 2010.

In 2010, we were experiencing the tail end of the global financial crisis.

So there was a very good reason for why so many large companies were going bankrupt at that time.

What reason do we have for what we are witnessing right now?

Of course it isn’t just large companies that are going bankrupt in staggering numbers…

Personal and business bankruptcy filings rose 11.5 percent in the twelve-month period ending June 30, 2025, compared with the previous year.

According to statistics released by the Administrative Office of the U.S. Courts, annual bankruptcy filings totaled 542,529 in the year ending June 2025, compared with 486,613 cases in the previous year.

Business filings rose 4.5 percent, from 22,060 to 23,043 in the year ending June 30, 2025. Non-business bankruptcy filings rose 11.8 percent to 519,486, compared with 464,553 in the previous year.

Wow.

I had no idea that the bankruptcy numbers were that bad.

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