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Cash Is Not Trash

What Goes Up

CHAPTER

What's Going on in Credit Right Now?

What happens in credits is incredibly important to the rest of the market. Sometimes a credit market stress can be so acute and so dangerous that it actually does either tip the economy into recession, or perhaps exasperate a recession. I sort of get the impression right now though, that corporet balance sheets are healthy enough that we don't necessarily have to really worry about either one of those issues.

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