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IPFS News Link • Economy - Economics USA

Mish: The $3.6 Trillion Leveraged Loan Wall of Debt

• Michael Shedlock / Mish
 
The clock is ticking on many things at once: Leveraged loans, boomer retirements and subsequent downsizing, Pay Option ARMs recasts, Alt-A recasts, and last but certainly not least, a jobless recovery that ensures massive credit card defaults

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