Page 11 - Bond Defaults News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Enterprises, state banks and so you are starting to see bond defaults increase substantially over last year because they're trying to deleverage the economy. they can't 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, flooded economy with cash. just to give you one example what they did. in the five years after 2008,...

Enterprises, state banks and so you are starting to see bond defaults increase substantially over last year because they're trying to deleverage the economy. they can't 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, flooded economy with cash. just to give you one example what they did. in the five years after 2008,...