Corporate net interest payments stay low due to fixed debt, higher interest rates slow to drive a recession

July 21, 2023 9:54 pm by CWR

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This chart is FASCINATING! Corporates have seen NET INTEREST payments fall bc they fixed debt when rates were low (2020/21) and now are benefitting from higher rates on their cash. A reason why higher interest rates slow to drive a #recession. Thoughts @KeithMcCullough? pic.twitter.com/Ulm9RK2ch7

— Enrique Abeyta (@enriqueabeyta) July 22, 2023

See also Peter Schiff's grand idea: Sell off $2.7 trillion in Treasuries, buy Bitcoin, and voila, Social Security fixed. [Sarcasm]

See also MARA to raise $1 BILLION at 0.0% interest to buy more Bitcoin after initial $750m offer was oversubscribed

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