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Distressed Debt Soars By 29%, Or $66 Billion, In One Week Amid Surge In Bankruptcies https://www.zerohedge.com/markets/distressed-debt-soars-29-or-66-billion-one-week-amid-surge-bankruptcies

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Discussion

Byzantine 2y ago

rolling debt is a thing of the past

the zombie company reckoning is approaching

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peterzander 2y ago

Who's going to pay for these debts?

Anthony 2y ago

All of us eventually through inflation. Privatizing their gain and socializing their losses.

peterzander 2y ago

Favoring American Goverments?

Anthony 2y ago

And exporting inflation to the rest of the world.

peterzander 2y ago

Thwn why won't they teach us Bitcoin?

78e47dfe... 2y ago

That will be coming to an end though. They could get the Western partners to join them in one final dance of death/performance before the music stops.

78e47dfe... 2y ago

Inflation or taxation. But balancing the books through taxation is just too damn hard for politicians.