OtherGround Forums Corp Debt at Recor $10 Trillion, at 47% of Economy

7 days ago
8/20/08
Posts: 4594

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.

7 days ago
8/20/08
Posts: 4595

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

6 days ago
1/1/01
Posts: 6082

It can only be solved by more tax cuts.

6 days ago
1/1/01
Posts: 11591

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

6 days ago
10/3/12
Posts: 1511

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

6 days ago
8/29/09
Posts: 15463

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

Take your doom and gloom shit on outta here.