39 The sex slavers who bankrolled Epstein are threatening to go Old Testament on the economy and your savings. (archive.ph) posted 1 year ago by GeneralBoobs 1 year ago by GeneralBoobs +40 / -1 13 comments share 13 comments share save hide report block hide replies
If interest rates get too high, corps won’t be able to service their secured debt (bonds). Bond default equals bankruptcy.
That is the natural debt cycle. Corporations need to learn that they shouldn’t go deeply into debt to buy back stocks while producing unprofitable woke garbage.
Except when it happens to a whole bunch at the same time.
Yes that is a problem. We should be very upset with the Federal Reserve.
It shouldn’t exist.