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May 21, 2018
Enterprises, state banks and so you are starting to see bond defaults increase substantially over last year because theyre trying to deleverage the economy. they cant quite do it but whenever they make the attempts to deleverage, companies go bankrupt, and then they panic and start throwing in more money, but this is something -- you know, we had a 2008 downturn, we took our medicine. maybe not as much medicine as we should have, but we took medicine. the chinese decided not to take medicine, fl...
May 21, 2018
Enterprises, state banks and so you are starting to see bond defaults increase substantially over last year because theyre trying to deleverage the economy. they cant quite do it but whenever they make the attempts to deleverage, companies go bankrupt, and then they panic and start throwing in more money, but this is something -- you know, we had a 2008 downturn, we took our medicine. maybe not as much medicine as we should have, but we took medicine. the chinese decided not to take medicine, fl...