Corporations Are Defaulting On Their Debts Like It’s 2008 All Over Again

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<p>‘The Dow close above 18,000 o Mo ay for the first time si ce J ly. Is ’t that great ews? I tr ly wish that it was. If the Dow act ally reflecte eco omic reality, I co l stop writi g abo t “eco omic collapse” a start bloggi g abo t cats or football. U fort ately, the stock market a the eco omy are movi g i two completely iffere t irectio s right ow. Eve as stock prices soar, big corporatio s are efa lti g o their ebts at a level that we have ot see si ce the last fi a cial crisis. I fact, this wave of ebt efa lts have become so ramatic that eve USA To ay is reporti g o it…’</p>
<p><a href="http://theeco omiccollapseblog.com/archives/corporatio s-are- efa lti g-o -their- ebts-like-its-2008-all-over-agai " target="_bla k">Rea more: Corporatio s Are Defa lti g O Their Debts Like It’s 2008 All Over Agai </a></p>