seven billion dollars in the red these are just three examples of loose lending never before have companies worldwide had such easy access to money as in recent years. according to a study by the mckinsey management consultancy worldwide corporate debt has increased to sixty six trillion dollars almost double what it was at the start of the financial crisis ten years ago. all the money that was borrowed has to be paid back if interest rates go up repayment will be more expensive and may have to be counter financed with new debt if that gets compounded by an economic downturn many companies could find themselves in a tight spot. did voce wagon informants investors too late about manipulated emissions values a german court started investigating this question this week thousands of investors
regular people out there doesn t know how bad things are. the lehman brothers case set the financial world into a tailspin. and then the really kind of he followed suit today ten years later the economy has largely recovered. but new dangers are looming from corporate debt. tesla is ten billion dollars in debt. netflix eight billion dollars. lloyd germany s leading shipping company is seven billion dollars in the red these are just three examples of loose lending never before have companies worldwide had such easy access to money as in recent years. according to a study by the mckinsey management consultancy worldwide corporate debt has increased to sixty six trillion dollars almost double what it was at the start of
banking in dollars for decades. let s do business the collapse of lehman brothers back in two thousand and eight plunge the global economy into crisis a decade on things are looking up again corporate profits are rising and wall street is celebrating one record after the next but growth has been fueled by low interest rates which have prompted a lot of companies to go into debt on a massive scale. tesla is ten billion dollars in debt. net flix eight billion dollars. a pop up lloyd germany s leading shipping company is seven billion dollars in the red these are just three examples of loose lending never before have companies worldwide had such easy access to money as in recent years. according to a study by the mckinsey management consultancy worldwide corporate debt has
never before have companies worldwide had such easy access to money as in recent years. according to a study by the mckinsey management consultancy worldwide corporate debt has increased to sixty six trillion dollars almost double what it was at the start of the financial crisis ten anshul institutions and economies get back on their feet. the us federal reserve looks set to raise its key interest rate again the european central bank on the other hand is not ready to take that risk in fact the e.c.b. is still in crisis mode with its zero interest rate policy loan still cost virtually nothing some fear of the accumulated corporate debt could trigger the next global financial crisis. all the money that was borrowed has to be paid back if interest rates go up repayment will be more expensive and may have to be countered financed with new jet if that gets compounded by an economic downturn
a decade since that lehman brothers collapse that triggered the global financial crisis and you re going to tell us how this would have developed since then would you say went on and on and on forever and things have got a little bit better there are some aspects look a heap better corporate profits rising wall street celebrating one record after the next but growth has been fueled by low interest rates which have prompted a lot of companies to go into debt on a massive scale. tesla is ten billion dollars in debt. net flix eight billion dollars. compact lloyd germany s leading shipping company is seven billion dollars in the red these are just three examples of loose lending never before have companies worldwide had such easy access to money as in recent years. according to a study by the mckinsey management consultancy worldwide corporate debt has