BREAKING: 9 large companies filed for bankruptcy in the US last week. This brings the 3-week average to 6, the highest rate since the 2020 pandemic. This means at least 18 companies with liabilities at or above $50 million have gone bankrupt over the last 3 weeks. In the past, only the brief post-2001 recession period, the 2008 Financial Crisis, and the 2020 pandemic saw a higher rate of large bankruptcies. To put this into perspective, the peak this century was a 3-week average of 9, seen in 2009. The bankruptcy wave is accelerating.