S&P Warns of Rising Global Default Wave

by Danielle Park
Juggling Dynamite

Still stinging from the blame and lawsuits directed its way in the 2008 crisis, S&P Global Ratings agency is trying to get out in front of the default tsunami now rising in corporate debt markets around the world.

Already north of $50 trillion in 2015, corporate debt globally is expected to increase another 50% over the next 4 years driven by expansive monetary policies from central banks and value-blind buyers gobbling up risky assets. Here is the graphic courtesy of the Financial Times.

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