When Was This Said? “Corporations are borrowing money and selling bonds like never before…the debt load is up a staggering 60% in the past five years…”

This is from RBI Capital one of the few remaining short biased hedge funds

Stay tuned for more from RBI soon

They note in a recent letter to investors (emphasis theirs):

Another important factor to consider: debt. From the Wall Street Journal: “US corporations and individuals are on a borrowing binge of historic proportions...corporations are borrowing money and selling bonds like never before...the debt load is up a staggering 60% in the past five years...corporate debt is 46% of GDP, highest ever...household borrowing stands at a record $6.3 trillion—almost a 50% jump in five years...what matters most is the ability of companies and individuals to pay it back. And with stock prices up, real estate raging wages rising, and corporate...

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