U.S. Corporate Bankruptcies Surge to 2008 Crisis Levels as Consumer Debt Hits Record $18.8 Trillion

TLDR: 18 large U.S. companies with $50M+ liabilities filed bankruptcy in just three weeks this month.  Credit card delinquencies jumped to 12.7% in Q4 2025, the highest level recorded since 2011.  U.S. household debt reached record $18.8 trillion with all categories at historic peak levels.  Younger consumers ages 18-39 face delinquency rates near 9.5%, straining [...]

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