Corporate America is taking a cue from the government and...

Corporate America is taking a cue from the government and going on a credit binge, piling up #debt at a frightening pace. When these markers come due, companies will collapse. https://finance.yahoo.com/news/corporate-america-choking-debt-imperiling-100000755.html #news #finance #money #economy

Corporate America Is Choking on Debt and Imperiling the Recovery

(Bloomberg) -- After tapping the bond market at a record-shattering pace in recent months, Corporate America is more indebted today than ever before.And while much of that fresh cash -- more than $1.6 trillion in total -- helped scores of companies stay afloat during the pandemic lockdown, it now th...

finance.yahoo.com

Aug 22 2020 · 2:41 PM