how was the American corporate debt in 2009-2019? Why it was so high? What impact did it bring out? What did the government do to solve it? How did those approaches work? What can they do now?
Or if there were any suggested reading, you can simply posted it.
Dear Shiyu Liang if YT is available to you, you may wish to watch/follow Peter Schiff's Channel: https://www.youtube.com/c/peterschiff
He talks a lot about the US debt (corporate, and government alike) in a very informative, interesting and unbiased way.
Hope you try and enjoy it.
Yours
Michal
Hi there, you can also consider these links as well for a better explanation. Hope it helps.
https://www.washingtonpost.com/us-policy/2020/04/18/record-government-corporate-debt-risk-tipping-point-after-pandemic-passes/
https://www.itsuptous.org/US-National-Debt
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