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"It turns out that companies issued a ton of short-term #debt during the pandemic at close to 0% interest rates. Hundreds of billions of dollars will come due starting Jan-2024," #Palihapitiya stated.
news.bitcoin.com
VC Chamath Palihapitiya Warns of Chaos in the Equity Market Due to Debt Issues – Bitcoin News
Chamath Palihapitiya, CEO of VC company Social Capital,. warned about a crisis in equity markets due to the issuance of low-interest debt.
VC Chamath Palihapitiya Warns of Chaos in the Equity Market Due to Debt Issues – Bitcoin News
Chamath Palihapitiya, CEO of VC company Social Capital,. warned about a crisis in equity markets due to the issuance of low-interest debt.
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