I'd consider COVID related matters to be the biggest driver of bankruptcy within the last two years. Interest rates, inflation, labor shortages are all a result of COVID lockdowns causing the government to begin printing money as a form of economic stimulation.
COVID is a symptom of economic problems, just contributing to its exaggeration and acceleration, and therefore, and if we did not, we would have seen that we were in this situation in the year 2030 or closer.
Countries quickly recovered from the effects of the epidemic and the high energy prices will make all the solutions of governments useless.
Therefore, even closures were an opportunity for companies to diversify their traditional way.