RE: Netflix’s Junk Bonds Explain How We are In a Corporate Debt Bubble
Glad to see someone else also sharing the madness that is the corporate debt bubble, you should really use the @steemleo tag plenty of finance peeps following the tag would be keen on your content
I think that as long as loans can be rolled over with the promise of more growth the bubble can continue to inflate. How high can these FAANG stocks go? I mean boeing is already at 50x earnings? Its complete madness but clearly there is no cap on insanity
When this House of Cards, pun intended comes crashing down, people will have nowhere to hide. It's sad but we've allowed it to happen, one rule for those close to the capital allocations while those further away need to fight for theirs.
FYI i've nominated your post as my @pifc post of the week. You can find my nomination here. You can check out other nominations on the pifc account and even join us each week in finding new authors like yourself and sharing and promoting their content