Economic recovery talk is smoke & mirrors as corporate debt bubble ready to bust – Richard Wolff

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 Source: https://ift.tt/2OaE43V Droolin’ Dog sniffed out this story and shared it with you. The Article Was Written/Published By: RT ! #Headlines, #BusinessNews, #Economy, #Money, #RT, #Trending, #Newsfeed, #syndicated, news https://ift.tt/2HImGCD
source: https://droolindognews.blogspot.com/2019/03/economic-recovery-talk-is-smoke-mirrors.html