by Justin Spittler
Corporate debt is getting out of control.
If you’ve been reading the Dispatch, this isn’t news to you. For months, we’ve been pointing out that U.S. corporations are borrowing massive sums of money.
They’ve borrowed almost $10 trillion in the bond market since 2008, including a record $1.5 trillion last year.
You may not think Corporate America’s debt addiction is your problem. After all, you aren’t the one who borrowed far more money than you can ever pay back.