Long-feared corporate debt woes start to hit home
The spectre of rising corporate debt defaults exacerbating a global economic slowdown has for months been largely brushed aside by resilient credit markets.
I’m not afraid of corporate debt woes.
When it leads to layoffs it might affect us all.
Well corporate profits haven’t seemed to be helping us, either.
corporate debt defaults are the burden of the banks, which makes them unable to approve loans, which kills off the smaller regional banks and also hopes for corporate growth, so jobs too.
You should
Don’t worry. He’s going to build his own socialist utopia. With blackjack and babushkas.
Boohoo they got drunk off of free money with 0% interest, get fucked and go out of business- no bail outs!
