The next economic bubble?

William D. Cohan, a former investment banker and the author of four books about Wall Street, discusses corporate debt.

NPR,

The Next Economic Bubble?
The Next Economic Bubble?
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When economic bubbles burst, recessions often follow: In 2001 it was dot-com stocks, in 2007 it was homes and mortgage-backed securities.

Today, some economists are sounding the alarm about corporate debt, which has grown by $2.6 trillion in the U.S. between 2007 and 2017, according to data from the McKinsey Global Institute.


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