this post was submitted on 18 Jul 2023
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Long-feared corporate debt woes start to hit home (www.reuters.com)
submitted 2 years ago by BrikoX@lemmy.zip to c/worldnews@lemmy.ml
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[–] Gutless2615@ttrpg.network 9 points 2 years ago (3 children)

I’m not afraid of corporate debt woes.

[–] hitmyspot@lemmy.world 6 points 2 years ago (1 children)

When it leads to layoffs it might affect us all.

[–] Gutless2615@ttrpg.network 5 points 2 years ago

Well corporate profits haven’t seemed to be helping us, either.

[–] n00b001@lemmy.fmhy.ml 3 points 2 years ago (1 children)

You should

[–] born2rune@feddit.uk -1 points 2 years ago

Don’t worry. He’s going to build his own socialist utopia. With blackjack and babushkas.

[–] Num10ck@lemmy.world 2 points 2 years ago

corporate debt defaults are the burden of the banks, which makes them unable to approve loans, which kills off the smaller regional banks and also hopes for corporate growth, so jobs too.

[–] Yewb@kbin.social 8 points 2 years ago

Boohoo they got drunk off of free money with 0% interest, get fucked and go out of business- no bail outs!