twitter.com/OccupyWisdom/status/967832000735469574
Very few see it coming. Many know what happened in history but they never understand the causation (which in why history never repeats itself, it just has similarities). Unfortunately, most people will be told and believe that Capitalism is the culprit are never seek the truth.
.@IMFNews: “Global issuance of so-called leveraged loans rose to a record $788 billion last year. There are similar trends in corporate bond markets, where lower rated US & euro-area companies account for growing proportion of bonds” t.co/cWyBq6SUfg pic.twitter.com/qhAOaewUqD
— Trevor Noren (@trevornoren) May 7, 2018
Global debt of non-financial American companies sits at a record level compared with the total output of the US economy t.co/BIc2J8ef2L pic.twitter.com/77dgZ7fMod
— Jesse Felder (@jessefelder) May 8, 2018
twitter.com/OccupyWisdom/status/993823286504148993
Last year, the overall bond sales by US companies and financial institutions hit a record $1.7tn, and another $563bn has been issued so far this year. t.co/OpBn5678po pic.twitter.com/y7m7qfvS6B
— Trevor Noren (@trevornoren) May 8, 2018
US credit boom: Red flags in corporate debt