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Friday, August 3, 2018

The Heavy Debts Of Brasilian Companies May Trigger A Worldwide recession

Brazilian corporations, for example, are carrying a debt-to-equity ratio – or liabilities compared to total shareholder value – of almost 180 percent now, compared to around 40 percent in 1997. Might a bunch of Brazilian companies go bust if they can’t pay their debts, and could that trigger a worldwide recession? Nobody knows.

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