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Of concern to you?

Posted: Fri Sep 18, 2020 12:33 pm
by vnatale
Is this of concern to you?

I was shocked by what seems to be obscene amounts of debt for these companies!

Vinny

In the boom years before the pandemic, the Fed encouraged S&P 500 titans to binge on trillions in debt, now the central bank is propping them up to avoid an economic catastrophe.

https://www.forbes.com/sites/antoinegar ... f3dd3c7a1f

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In some ways, it seems, the Fed’s actions are tantamount to trying to cure addiction by increasing the dosage of the very substance the addict is abusing.