[bruce511]

>> According to statista.com, somewhere between 19,000 to 60,000 businesses file for bankruptcy every year in the United States, although not all of these are publicly traded companies.

Understatement of the year? About 20-200 public companies go bankrupt in a year [1]. So about 0.01% of the numbers quoted.

"Not all" is doing some heavy lifting there.

[1] https://www.jonesday.com/en/insights/2022/01/the-year-in-ban....

[kens]

I don't understand your math. 0.01% of 60,000 is 6.

[bmitc]

I don't think the point is lost by correcting the value to 0.1%.