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Is there a risk of a compounding factor with the current level of corporate debt?
by skohan 7y ago
Is there a risk of a compounding factor with the current level of corporate debt?
- raincom 7y agoYes, companies issued bonds to finance their buy backs. Best example is Boeing, which spent $58B in buy backs to parabolically pump its stock to $420. Today, Boeing lost its credit ratings, and is begging Washington for bailouts. Zero interest rates don't help much.