In this video we will talk about the greatest corporate debt binge in U.S history. Corporate debt has doubled since the last financial crisis and its now around 9 trillion dollar. The ratio of corporate debt to U.S GDP is around 50 percent. The biggest problem is that the largest corporations in the United States are spending more money that they are borrowing. They also spending a lots of money for stock buybacks. Now this giant debt bubble has hit the bursting point and a huge stock market crash and economic chaos are inevitable.
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