Robert Samuelson: The Fed's latest worry

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  • marxist Salt Lake City, UT
    Dec. 15, 2018 9:26 a.m.

    "Increasingly, loans and bonds are funneling credit to weak borrowers. Of the $14.8 trillion in total business borrowing, $2 trillion is classified either as "junk bonds" or "collateralized loan obligations," or CLOs — risky credits that might default."

    Yes investment banking is still playing the same games, or close to it, which got us into so much trouble by 2008.