Why Corporate Debt and Reckless Actions Result in More Borrowing

Send us a text Today the Things Have Changed hosts discuss corporate debt, why there is so much of it, and the dangers of it in our economy. Corporate debt was already at historic highs even before the coronavirus crisis and now it's soaring at an unprecedented pace as companies scramble to ensure they have enough cash to weather the crisis. Despite warnings of widespread downgrades, defaults and bankruptcies from various ratings agencies, credit analysts and the Fed itself, bond spre...