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How Does Corporate Debt Affect The World As A Whole?

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kathrynfrancis1 | 18:48 Thu 07th Feb 2019 | Business & Finance
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I’m doing research on Corporate Debt.
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What have you learnt about it so far?
I think(welcome to the rabbit hole) that is affects the world as a whole because corporations are usually global, this means that it has a direct knock on affect to other countries. Lets not forget that any debt is bad, because that means someone else is at a loss.. again a knock of effect.
Regarding the 'any debt is bad debt' claim, I think you'll find that nearly every country in the world is in debt.
https://en.wikipedia.org/wiki/List_of_countries_by_external_debt
Useful article here
https://www.theguardian.com/notesandqueries/query/0,5753,-6754,00.html
It's not corporate debt I know

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