13/03/18

The Economist Warns "A Reckoning Looms" For America's Debt-Binged Companies



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The Economist Warns "A Reckoning Looms" For America's Debt-Binged Companies
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Via The Economist,

The total debt of American non-financial corporations as a percentage of GDP has reached a record high of 73.3%.

America's companies have been powering ahead for years. Amid growing profits, the recession that began in 2007 seems an increasingly distant memory. Yet the situation has a dark side: companies have binged on debt. For now, as ....

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