The End of Cheap Debt Will Bring a Wave of Bankruptcies

The end of the era of cheap money highlights the risk of “Enron-style” bankruptcies in many sectors, including renewable energy. With the path of three rate hikes in the United States in 2018 confirmed by the Federal Reserve and a nervous equity market, the challenges are more evident than ever.

https://mises.org/wire/end-cheap-debt-will-bring-wave-bankruptcies

 

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