Corporate Debt Is Reaching Record Levels, Roughly 46% of GDP, the Highest on Record, GE Drags Down Premier, Great Retreat From Global Bank Lending Continues
Corporate Debt Is Reaching Record Levels In the aftermath of the financial crisis, a swath of individuals and families began a long and painful deleveraging process. Businesses, meanwhile, quickly moved in the opposite direction—loading up on cheap debt to the point where many observers now worry that highly leveraged companies pose a threat to the … Read more