According to latest global financial stability update, the heaps of corporate debt piling up globally can easily trigger business meltdowns across nations. These deadly loans might lead to a flood of company insolvencies, further delaying any expected global economic recovery. Britain is not unique in following this new trend of sitting on a debt timebomb and many other nations including US and the EU are following suit. Is there a meltdown round the corner? Let us discuss about the implications of this unmanageable debt and a few stocks to look at.
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