The spectre of rising corporate debt defaults exacerbating a global economic slowdown has for months been largely brushed aside by resilient credit markets.
      • Gutless2615English
        111·
        3 年前

        Well corporate profits haven’t seemed to be helping us, either.

      • born2rune@feddit.ukEnglish
        34·
        3 年前

        Don’t worry. He’s going to build his own socialist utopia. With blackjack and babushkas.

    • Num10ck@lemmy.worldEnglish
      31·
      3 年前

      corporate debt defaults are the burden of the banks, which makes them unable to approve loans, which kills off the smaller regional banks and also hopes for corporate growth, so jobs too.

  • Yewb@kbin.social
    8·
    3 年前

    Boohoo they got drunk off of free money with 0% interest, get fucked and go out of business- no bail outs!