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The business cycle and credit, defaults, and bankruptcies

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The business cycle and credit, defaults, and bankruptcies

Edward Harrison
Oct 14, 2020
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The business cycle and credit, defaults, and bankruptcies

pro.creditwritedowns.com
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I want to put a little more meat on the bones regarding the section of yesterday's post on credit, defaults and bankruptcies with some numbers. I would contend that credit cycles lead garden-variety business cycle turns. So, absent a Black Swan event like this pandemic and the lockdowns, we should expect to see recession-inducing financial distress in t…

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