Rambling Rhoads
Tuesday, June 12, 2018
Beware the ‘mother of all credit bubbles’
https://www.washingtonpost.com/business/economy/beware-the-mother-of-all-credit-bubbles/2018/06/08/940f467c-69af-11e8-9e38-24e693b38637_story.html?utm_term=.ffcd12950298
Higher and higher levels of debt, this time mostly corporate (instead of home mortgages), packaged into “collateralized loan obligation” securities of decreasing quality. If this doesn’t bring back memories of the Crash of 2007, it should.
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