US corporate debt nears $10 trillion, now at record 47% of economy

Daniel Strauss

 Dec. 2, 2019, 01:11 PMJustin Sullivan/Getty Images

US corporate debt has swelled to nearly $10 trillion, according to data recently cited by theWashington Post.

That comes out to roughly 47% of the overall economy, which is a record, WaPo found.

Experts from the International Monetary Fund to trillion-dollar asset manager BlackRock are warning of the risk posed by ballooning investment-grade debt.

Following the 2008 financial crisis, companies have issued record-levels of bonds to investors amid historically low interest rates.

Guess who's gonna bail them out if they go bust.

It can only be solved by more tax cuts.

https://www.washingtonpost.com/business/economy/corporate-debt-nears-a-record-10-trillion-and-borrowing-binge-poses-new-risks/2019/11/29/1f86ba3e-114b-11ea-bf62-eadd5d11f559_story.html

You guys are gonna get the shit taxed right out of you in the next ten years. 

That's an indication that companies are expanding in this thriving economy. 
 

Take your doom and gloom shit on outta here.