Distressed Debt Balloons to Almost $1 Trillion, Nears 2008 Peak


 

This will probably get much worse.

(From Yahoo Finance)

Every sector except utilities is under stress, with distressed ratios growing by double or triple digits. Telecommunications, retail, entertainment and healthcare industries make up the bulk of distressed debt.

Click here for the article.

Reprinted from: https://www.ac2news.com/2020/03/distressed-debt-balloons-to-almost-1-trillion-nears-2008-peak/

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More from Against Crony Capitalism: