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Not Even QE Infinity Can Stop the Wave of Defaults Sweeping Across America
5 years ago
5
Despite the fed's best efforts to prop up our zombie economy by buying up the entire corporate bond market, defaults are still spiking because so many companies simply don't have the revenue to service their debt at any price.
https://www.zerohedge.com/markets/goldman-default-cycle-has-officially-started
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