Discuss the reasons for corporations’ increased use of debt financing, and subsequent concerns about excess borrowing.
Read the following 4 Economist articles (i) ‘Debt is Good for You’ (ii)‘Debtors Prison’ , which discuss the reasons for corporations’ increased use of debt financing, and subsequent concerns about excess borrowing. (iii) ‘The Gods Strike Back’, pages 1 to 4 only. (iv) ‘The world has not learned the lessons of the (2008) financial crisis’ […]