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This has been a strange year.

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[-] OsrsNeedsF2P@lemmy.ml 3 points 1 year ago* (last edited 1 year ago)

Bonds are a really good deal right now, which makes more people want to loan the government money than each other. This leads to less people overleveraging, which most companies depend on for growth.

All of the businesses you mentioned were overleveraged, so it's understandable that they'd crack under the pressure

(Note: The bonds market is referring to the US, but the effects are global)

this post was submitted on 02 Jul 2023
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