An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Sunday, November 22, 2015
Peter Cohan — Will $4.6 Trillion Leveraged Loan Market Cause The Next Financial Crisis?
Seed of next financial crisis sprouting? ("Leveraged loans" is a euphemism for dodgy loans.)
Honestly the finance market these days is so shaky, anything could bring it crashing down at this point. All it takes is some stock to start crashing, like what happened in the Chinese market, and everything will unravel.
Honestly the finance market these days is so shaky, anything could bring it crashing down at this point. All it takes is some stock to start crashing, like what happened in the Chinese market, and everything will unravel.
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