High-yield bond spreads have nearly doubled since mid-February signaling the kind of stress that preceded the 2008 crisis.
Wall Street is waking up to a brutal reality: debt-fueled growth may be hitting a wall. As spreads surge and recession fears mount weaker firms face a ticking clock. A credit event is no longer a question of if but when.
#Bitcoin was built outside this system for a reason. The dominoes are lining up.
