this post was submitted on 18 Jul 2023
52 points (98.1% liked)
World News
32304 readers
594 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I’m not afraid of corporate debt woes.
When it leads to layoffs it might affect us all.
Well corporate profits haven’t seemed to be helping us, either.
You should
Don’t worry. He’s going to build his own socialist utopia. With blackjack and babushkas.
corporate debt defaults are the burden of the banks, which makes them unable to approve loans, which kills off the smaller regional banks and also hopes for corporate growth, so jobs too.