5 years ago
1
A $9 trillion corporate debt bomb is 'bubbling' in the US economy
At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors. On Wall Street, though, hopes are fairly high that it's a manageable problem, at least for the next year or two.
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https://www.cnbc.com
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Oh wow, reckless borrowing and a debt bubble, I've seen this before. Guess we should lift regulations since the free market will just solve the problem.