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Long-feared corporate debt woes start to hit home (www.reuters.com)

submitted 2 years ago by [email protected] to c/[email protected]

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[–] [email protected] 9 points 2 years ago (3 children)

I’m not afraid of corporate debt woes.

[–] hitmyspot 6 points 2 years ago (1 children)

When it leads to layoffs it might affect us all.

[–] [email protected] 5 points 2 years ago

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

[–] [email protected] 3 points 2 years ago (1 children)

You should

[–] [email protected] 0 points 2 years ago

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

[–] Num10ck 2 points 2 years ago

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.