Companies are declaring bankruptcy, individuals are failing to meet loan obligations, yet Janet Yellen has stated, “I don’t see any sign that the economy is in risk of a downturn.”

Bankruptcy filings have recently reached levels on par with the 2008 Great Recession and the 2020 COVID-19 pandemic. https://apolloacademy.com/bankruptcies-rising/ His source appears to be this and it only refers to companies with over $50 million in liabilities. So the y-axis …

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