This is just further proof that the Fed’s policies are harming the economy and benefiting only the rich. The fact that bankruptcies are rising shows that businesses are struggling to keep up with higher interest rates, and this is ultimately going to hurt consumers as well. The Fed needs to stop hiking rates and start cutting them in order to boost economic growth.
See also “Kamala did what Kamala always does. She put her head down and went to work.” - Doug Emhoff
h/t j_stars
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