47 Percent Of GDP – This Is Definitely The Scariest Corporate Debt Bubble In U.S. History
We have never witnessed a corporate debt crisis of this magnitude.
Corporate debt is up a whopping 52 percent since 2008, and this bubble is continually growing.
And actually the 10 trillion dollar figure is the most conservative number out there. Because if you add in all other forms of corporate debt, the grand total comes to 15.5 trillion dollars. The following comes from Forbes…
Total corporate debt is actually much higher. Adding the debt of small medium sized enterprises, family businesses, and other business which are not listed in stock exchanges ads another $5.5 trillion. In other words, total US corporate debt is $15.5 trillion, 74% of US GDP.
via theeconomiccollapseblog 47 Percent Of GDP – This Is Definitely The Scariest Corporate Debt Bubble In U.S. History