11-03-2023, 02:41 PM
What happens when over leveraged economy hike rates so rapidly..
Many high debt companies are on borrowed time as they borrowed on cheap rates and need to roll over at much higher rates.
There is a delayed effect but collapse will come.
Many high debt companies are on borrowed time as they borrowed on cheap rates and need to roll over at much higher rates.
There is a delayed effect but collapse will come.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.