The reason why wealthy people go bankrupt is mostly due to their possession of too many social resources, which cannot be fulfilled during economic downturns, resulting in a lack of liquidity, and ultimately cutting flesh is of no use. The main reason for poor people's debt is that they have not found a way to acquire wealth, and their income cannot meet their expenses, resulting in increasing deficits. There are many ways for wealthy people to avoid bankruptcy risks, and the core point is to hold onto their own business and not blindly invest, especially in times of economic surplus, and to keep risk awareness in mind. But most people are blinded by victory, thinking that everything is under their control, and there's nothing they can do about it. Pride is human nature, and there are almost no people who can remain humble and cautious on the mountaintop. The important thing for the poor is to do their best to put their career on track. In fact, the overall situation is not enough to have a fatal impact on the career of the poor, because a small boat is easy to turn around, and flexibility is your biggest advantage. The old saying goes that big business is afraid of losing money, and small business is afraid of eating. That's actually what I meant. On a deeper level, that's exactly what happened.