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Billionaire Chamath Palihapitiya Warns Corporate America To Hit Massive Wall of Debt in Looming Credit Crisis

Billionaire Chamath Palihapitiya Warns Corporate America To Hit Massive Wall of Debt in Looming Credit Crisis

Billionaire venture capitalist Chamath Palihapitiya says that a looming credit crisis could burn a hole worth trillions of dollars in corporate America’s pockets. Last month, Palihapitiya warned that many of America’s largest firms are about to hit a massive wall of debt and the bills will come due by January 2024. In a new episode […]

The post Billionaire Chamath Palihapitiya Warns Corporate America To Hit Massive Wall of Debt in Looming Credit Crisis appeared first on The Daily Hodl.

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

China’s Real Estate Giant Evergrande Narrowly Dodges Default for Third Time in 30 Days

China’s Real Estate Giant Evergrande Narrowly Dodges Default for Third Time in 30 DaysIn mid-September China’s Evergrande Group, the country’s second-largest property developer by sales, sparked fear in the global economy as the company’s market valuation plummeted to an 11-year low. Global economists have warned that if Evergrande defaults on its debts, it could start a credit contagion similar to the Lehman Brothers bankruptcy in 2007. So far, […]

Bitcoin proxy MicroStrategy debuts on Nasdaq-100