The Great Reset: Bankruptcy filings surged 25% in US – US economy is at a financial collapse, and lead to worldwide crisis.

It will worsen in 2024. Never let a good crisis go to waste.

"The number problem has been expanding debt. the latest data is as of November. There were more than 842 companies that went bankrupt in the United States in that month alone." This chapter 11 filings represent an increased of 141% year-over-year. If you look at small business the figure is 80% increased year-over-year for the month of November.

As commercial real estate market vacancy rates increase, it is likely that this trend will continue to worsen. Looking at individual bankruptcy filings so far in 2023, 35,500 individuals filed for bankruptcy alone in November, a 25% increase year-over-year. Household spending according to the US Federal Reserve is steep in debt representing $1.03 trillion. Student debt balance resumed back in October, and 40% failed to make payments on time.

More in the Lena Petrova video.