(Zoom in on photo) the Big banks that can’t fail have now purchased $1.8 TRILLION in Credit Default Swaps (CDS) yes the same CDS that helped caused the Financial Crisis of 2008. @jpmorgan has increased there Swaps by $100 billion since last report I’m sure it’s fine! pic.twitter.com/On2sc2jIdM
— The Punisher (of Wall ST) (@GregCrennan) August 12, 2020
Junk-rated companies have borrowed $274.8 billion so far in 2020, exceeding the sum of cash raised during all of last year: Bloomberg data, via @gowrinyc @theterminal pic.twitter.com/AAPDEfBBbF
— Lisa Abramowicz (@lisaabramowicz1) August 12, 2020
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