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The government, corporations, and even households have a great deal of debt and in a rising interest rate environment, stress levels will be going up substantially. This will all end with bankruptcies in companies you cannot imagine just yet.
CNBC Video Discussing Rates
https://www.youtube.com/watch?v=I3lMwsAGaLc
By Who Gets to Decide?The government, corporations, and even households have a great deal of debt and in a rising interest rate environment, stress levels will be going up substantially. This will all end with bankruptcies in companies you cannot imagine just yet.
CNBC Video Discussing Rates
https://www.youtube.com/watch?v=I3lMwsAGaLc