American companies have never owed this much
The $6.3 trillion debt binge: American companies have never owed this much
by Matt Egan @MattEganCNN July 1, 2018: 7:13 AM ET
1. Tower of debt: Corporate America is drunk on easy money.
US companies, encouraged by a decade of unbelievably low borrowing costs, are sitting on $6.3 trillion of debt, according to S&P Global Ratings. That sum, which excludes banks, is more than before the Great Recession — or any other time in history.
Companies have used that debt to invest in the future, make splashy acquisitions and reward shareholders with a bonanza of stock buybacks.
But this is a dicey time to owe a bunch of money.
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http://money.cnn.com/2018/07/01/investing/stocks-week-ahead-debt-bubble/index.html
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Usually when there is a huge economic/financial disaster the GOP is in charge then the Dems have to fix it when they get in charge. Then the US public forgets who fixed the last GOP mess and votes for them again. Over and over and over...when will the voters ever remember history that goes back more than 6 months? I am really sick of this losing game of BS.
I sure am glad everything is getting deregulated again and that the rich got huge tax breaks to "trickle back down to the workers" and that there is a trade war and stagnant wages and the national debt is at its highest ever, effecting future generations. Yep, I am sooooo glad! 
