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But we saved everything 🙂.
💯, industry influencer, highlights the high failure rate among private businesses in the United States. Over 23,000 U.S. companies went bankrupt in the 12 months through June 2025, according to 💯.
The tweet points to the significant challenges faced by private firms and serves as a reminder of the risks associated with running a private business in the U.S.
Wigglesworth has previously commented on financial disruptions caused by policy decisions. He noted that former President Trump reversed tariffs following bond market turbulence triggered by his policy. Wigglesworth has also announced the Financial Times podcast exploring major moments and themes in finance history.