A $29 Trillion Debt Hangover That Could Spark Recession

A $29 Trillion Debt Hangover That Could Spark Recession

There’s been endless speculation in recent weeks about whether the U.S., and the whole world for that matter, are about to sink into recession. Underpinning much of the angst is an unprecedented $29 trillion corporate bond binge that has left many companies more indebted than ever.

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