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The phrase "bankrupt of" is grammatically correct and can be used in written English.
It is typically used to describe someone or something as lacking in a particular quality or resource. Example: The company was bankrupt of any new ideas, leading to a decline in profits.
Exact(38)
Mostly, though, we're bankrupt of history.
Bankrupt of morals and bankrupt of style, it is a nonpareil of peevishness, and self-delusion shines from it like a Christmas star.
The present generation is bankrupt of principles and hope, as of property.
Full credit to Edinburgh but Toulon, for all their big spending, were bankrupt of ideas.
"The present generation is bankrupt of principles and hope, as of property," Ralph Waldo Emerson once wrote.
It just goes to show how bankrupt of compassion and allergic to accuracy that party is becoming.
Similar(22)
We are bankrupt, out of work, out of money and running out of time.
The resignation last week of the chairman of the U.S. Nuclear Regulatory Commission is another demonstration of the bankrupt basis of the NRC.
Food production must be localised and organic – which means Brand wants hyperinflation, starvation and the bankrupting of African food exporters.
Minnesota's new governor is Tim Pawlenty, again a Republican, who won by a wide margin despite the bankrupting of his campaign when he broke campaign advertising laws.
Mr. Asai, a 47-year-old photographer turned writer, has finished three volumes of a five-part series predicting the bankrupting of Japan in two years.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com