The Shadow Credit Crisis That Could Shock The World
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These recent bankruptcies have garnered close attention from the marketplace because they represent the very real possibility that serious cracks have already weakened credit markets...to the point even the stock market (part of it, anyway) is taking a hard look. Ally, Bread Financial, Affirm, and even Capital One, they've all seen their stocks plummet. There's more here than it seems because of all the noise about share indexes and their own record highs. Everyone has ignored job losses until now, that is.
Video Length: 00:20:37
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