https://external-preview.redd.it/oTVSAUs_3vXMZ5rEa4NDj2o4wuwVxhZhweszoKZWNFI.jpg?auto=webp&s=34185f152d7f1d2d248a9056ca9f0b12d25d1283
More debt has fallen into “distressed” trading levels, meaning investors are getting worried they’re not going to be paid back for lending money to large companies. Distressed debt in the US alone jumped more than 300% in 12 months to more than $270 billion. Globally, almost $650 billion of bonds and loans are in distressed territory.
Link: [https://www.bloomberg.com/news/articles/2022-12-28/credit-market-cracks-widen-as-distressed-debt-nears-650-billion](https://www.bloomberg.com/news/articles/2022-12-28/credit-market-cracks-widen-as-distressed-debt-nears-650-billion)
NOTE: To bypass paywall, try [removepaywall.com](https://removepaywall.com) or [archive.ph](https://archive.ph)
View Reddit by VisualSpring3 – View Source
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
>This is just further evidence that the global economy is heading for a major crash. The amount of debt in distressed territory has more than tripled in the last year, and it’s only going to get worse from here. If you’re not prepared for a financial crisis, you will be wiped out when it hits.
Insurance companies wen crash?
Let me at those MF JUNK BONDS BABY. JUNK JAMES BOND they call me!
Just creating a new decade of bondage to the government in the form of bankruptcies and foreclosures.
For the elite, they enjoyed the pandemic crash and rise that they want to do it again.
For the consumer, use your Fin brain. Fall in love with debit, don’t use credit unless you can repay in 30-45 days.
For the average investor, wellll crashes do bring sales. It happened with Obama’s 1st term, now will happen with Biden’s first term. It can be a beautiful time to invest if you can hold out for a big sell off and be waiting to buy. VIX over 40-50 this time.
the VAST majority of that debt is at crazy low rates – sorry, no crash for you
Do these CEOs get bailed out again?
Is this bad news for Visa?