Klein on Threats to the Global Financial System
Moody's Talks - Inside Economics
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Is There a Problem in the Leverage Loan Market?
Aaron Carroll: There wasn't a problem in the leverage lending market exactly when you see a recession that you would expect. He says credit stops flowing to that very important part of the economy, and that has real economic consequences. Carroll: It's about time investors who made bad bets lose money. "I think we're in a much better situation than we were in the past," he adds.
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