48
submitted 1 year ago by BrikoX@lemmy.zip to c/worldnews@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] Num10ck@lemmy.world 2 points 1 year ago

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.

this post was submitted on 18 Jul 2023
48 points (98.0% liked)

World News

32082 readers
810 users here now

News from around the world!

Rules:

founded 4 years ago
MODERATORS