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‘Crexit’ warning: Corporate debt seen ballooning to $75 trillion

Posted by Farmboy @ 11:00 on July 20, 2016  

“Close to half of companies outside the financial sector are considered “highly leveraged,” which is the lowest category for risk, and up to 5 percent of that group has negative earnings or cash flows. There already have been 100 debt defaults in 2016, the most since the financial crisis for the period.”

http://www.cnbc.com/2016/07/20/crexit-warning-as-corporate-debt-seen-ballooning-to-75-trillion.html

Comment: If a story ever screamed the words “Buy Gold !!”, this is the one. Buy it, Stack it, and wait for the Great Unraveling.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.