www.nytimes.com -- When the Mayans envisioned the world coming to an end in 2012 — at least in the Hollywood telling — they didn’t count junk bonds among the perils that would lead to worldwide disaster.Moody’s Says U.S. Debt Could Test Triple-A Rating (March 16, Maybe they should have, because 2012 also is the beginning of a three-year period in which more than $700 billion in risky, high-yield corporate debt begins to come due, an extraordinary surge that some analysts fear could overload the debt markets.
Click here to read full article...
Read more:, , What You Should Know
Got something to say to us? Then send us a letter.
Want us to stick around? Donate to The eXiled.
Twitter twerps can follow us at twitter.com/exiledonline
Leave a Comment
(Open to all. Comments can and will be censored at whim and without warning.)
Subscribe to the comments via RSS Feed