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Beau of The Fifth Column

Let's talk about the Trump bankruptcy surge....

Beau of The Fifth Column

Beau of The Fifth Column

Society & Culture

4.8965 Ratings

🗓️ 1 January 2026

⏱️ 4 minutes

🧾️ Download transcript

Summary

Let's talk about the Trump bankruptcy surge....

Transcript

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0:00.0

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

0:05.0

So today, we're going to talk about the Trump bankruptcy surge.

0:11.0

The U.S. is seeing a surge in bankruptcies, between higher costs due to inflation and tariffs,

0:18.0

a tighter credit environment, and ongoing volatility in, well,

0:24.4

pretty much everything. It's been hard for a lot of companies, and it's been impossible for many.

0:31.7

It goes beyond the billion-dollar bankruptcies you've heard about, like Clare's, Del Monte, Spirit Airlines, and so on.

0:40.9

Reporting says that this year has had the highest number of large corporate bankruptcies since 2010,

0:47.7

and we don't even have December's numbers yet. You would think that would be the bad news,

0:53.8

but it's actually not. Generally, surges

0:57.5

and bankruptcies are confined to a specific industry. It occurs in trends. A bunch of companies

1:04.5

in a single industry go under because consumer tastes change, or because one company in that industry came up with something

1:13.2

innovative and got more of the market share. Or maybe they use political connections to get an edge.

1:20.9

Either way, it's normally confined. Not so during Trump's golden age economy. It's spread out in a way that you really don't see

1:31.1

outside of a big financial crisis. And it's not just the big boys either. The various kinds of

1:38.8

filings used by small companies and individuals are also reportedly up by anywhere from 8 to 11 percent,

1:47.0

depending on the chapter type. American households carry more than 18 and a half trillion in debt.

1:55.1

The bankruptcy surge is yet another glaring red flag that the golden age is gilded at best. That brings us to a question

2:04.4

that has come in a few times, in a few different ways from a few different people.

2:10.3

Quote, during Biden the economy felt bad, an economist said it was getting better, but we didn't

2:17.0

feel it yet. Trump is now

2:19.3

starting to sound a lot like Biden. Is it getting better or not? The K-shaped economy is very

2:26.7

much in effect. The top has a pretty good economy currently. The bottom doesn't, and it's getting

...

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