Companies and Families Are Loading Up on Debt. It Could Be a Dangerous Trend.


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“Follow the money” was the famous advice given to Woodward and Bernstein in All the President’s Men, and it remains applicable. Especially in these days of promiscuously easy money, borrowed for less than nothing after taking into account inflation, courtesy of the Federal Reserve’s policies.

Consider Crocs (ticker: CROX), whose bright plastic clog-like shoes have come back into style, judging from the pairs strewn around the home of Up & Down Wall Street’s proprietor by its younger occupants. Their fashionable owners further…


Harry Byrne

Harry Byrne

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