Wednesday, April 21, 2021

US$12.3 trillion in stimulus killed the debt default cycle - BNN Bloomberg

US$12.3 trillion in stimulus killed the debt default cycle - BNN Bloomberg: It’s fair to say that US$12.3 trillion of stimulus seems to have killed off the U.S. credit default cycle. Almost all fear of bankruptcy has been obliterated from debt markets even though the global economy is still struggling under the worst health crisis in a century.

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