Wednesday, May 9, 2018

A (Conceivable) Wave Of Corporate Bankruptcies Could Kill The Job Market

Cheap money from low interest rates have enabled corporations to borrow a record amount of money for stock buy-backs and acquisitions. But neither creates organic growth, interest rates will go up, and many companies will be hit hard, likely resulting in layoffs.

from Forbes Real Time https://www.forbes.com/sites/eriksherman/2018/05/09/a-conceivable-wave-of-corporate-bankruptcies-could-kill-the-job-market/
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