Stock Market Borrowing at All Time High, Increasing Risk of Downdrafts | naked capitalism

Stock Market Borrowing at All Time High, Increasing Risk of Downdrafts | naked capitalism: I find it hard to get excited about stock market risks unless defaults on the borrowings can damage the banking/payments system, as they did in the Great Crash. This is one reason the China perma-bears have a point: even though the Chinese government has managed to do enough in the way of rescues and warnings …