https://open.spotify.com/episode/0sxll0CW2njGvGML1TJRIc?si=fgQ6HV3DToumXvfNEwv3Bg Bankruptcy rates are closely linked to GDP volatility. In OECD countries the regular insolvency rate is around 8%. Though dramatic for the individual firms, this is a healthy process for the economy, as part of economic Darwinism, selecting the weakest market participants. Companies, failing to adapt to changing market conditions as a result of... Continue Reading →