Economic recovery talk is smoke & mirrors as corporate debt bubble ready to bust – Richard Wolff
RT 
Low interest rates allowed companies to borrow money at no cost. But instead of increasing productivity, the financing was used to drive up the cost of shares, setting the stage for imminent collapse, Prof. Richard Wolff told RT.
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March 16, 2019 at 09:29AM
from RT - Daily news
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Low interest rates allowed companies to borrow money at no cost. But instead of increasing productivity, the financing was used to drive up the cost of shares, setting the stage for imminent collapse, Prof. Richard Wolff told RT.Read Full Article at RT.com
Read more
March 16, 2019 at 09:29AM
from RT - Daily news
via IFTTT
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