Well, howdy there, Internet people, it's Bell again.

So today, we're going to talk about record corporate bankruptcies.

So let's start with the top line numbers and news and then dive in.

Data from SMP 500 Global indicates that U.S. corporate bankruptcies in July reached the highest level since

well the last time Trump was in office. What's more is that it isn't a one-off month.

Large public and private company bankruptcy filings hit 71 in July.

That's up from 66 in June.

Numbers haven't been this high since July of 2020.

So Trump plus, you know, the whole worldwide global pandemic thing.

But wait, there's more.

Year-to-date bankruptcy filings hit 446 through the end of July.

That's the most for this part of the year since 2010.

At the current rate, this year is currently set to break totals from the worst part of the pandemic in 2020.

That year, 639 declared bankruptcy, 446 so far in 2025.

And that's only through July.

So why is it happening?

S&P Global gives a couple of reasons.

One is elevated interest rates, and the other is

erratic U.S. tariff policy putting pressure on costs and supply chains. It's important

to remember these aren't small businesses. They're big companies and brands you'd recognize.

Del Monte, Forever 21, R Aid, Joanne, places like that.

For people who fly off into a moral panic when a company changes its logo a little bit and talk

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