News@lemmy.world · 8 months ago

Is the stock market about to crash?

www.independent.co.uk

152

Is the stock market about to crash?

www.independent.co.uk

Basic Glitch@sh.itjust.works to

News@lemmy.world · 8 months ago

As a pair of corporate failures spark fears about the quality of US banks’ lending, it could get very messy, very quickly, says James Moore

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8 months ago
TL;DR it’s about the FTSE, and the reporting is about lax (read:corrupt) regulatory functions allowing business to rack up billions in debt then declare bankruptcy as a device to make money.

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