That sounds really awful! 😱 Like payday loans but for business? Or more like the financial crash of 2008? Or…?

Mostly about anticipating lower rates shortly, so instead of locking in higher rates for years, they borrow short term.

Payday loans is a really good analogy

Thanks but that’s horrifying.

Trumps tariffs are eroding the cash flow of Amercian companies. So: 'Faced with elevated interest rates and tariff turmoil, companies have moved to shore up cash buffers while avoiding locking in higher long-term borrowing costs, especially with potential Federal Reserve rate cuts on the horizon.'

😿

Totally agree. A lot of unforeseen expenses today are tariff driven since overseas manufacturing can’t be onshored overnight. Many businesses are faced with buying goods at a higher price until (and that’s a very big if) there’s a cheaper domestic solution. And of course in the end we pay

Global trade appears to be collapsing at the moment, particularly for the US, as costs are rising due to tariffs. If this does not stop soon, I expect something worse than 2008. More like 1929-1933. Only worse.

Much worse because we have anti-vaxxers now.

Yes indeed. There is a slow moving tsunami headed for our economy but it is coming, no doubt.

Along with the healthcare tsunami.

Yep. Our coverage is ACA Marketplace through Covered California and we are getting weekly emails warning us of major premium hikes in the new year.

I don’t know much about finance but I do know history. Specifically Medieval history. We are tumbling towards an agrarian and/or feudal society.