Overwhelming Interest Costs Are Killing Corporate America – 11.02.15

Interest on high-grade debt increased 4% in Q2, risks are increasing, the interest coverage ratio is the lowest since 2009. There is now a record amount of debt generating a record amount of interest expense, almost all of which has been plowed into massive share repurchases simply designed to prop up the company’s stock. So where does the money come from to pay the interest? This is an American corporate horror story of unparalleled proportions. Clinton’s pathetic efforts at restoring her credibility at last week’s Congressional testimony. Obama breaks his promise of ‘no boots on the ground’ in Syria. ‘Trenton makes, the world takes’: no more. Substitute ‘China’. Tony Blair ‘apologizes’. Yeah, right! A word on ‘comparisons’. The rise of the personal storage industry to accommodate America’s addiction to hoarding. The rise of the dollar stores.

The Play Button for todays show is under the Show Cards Below.

I really would like you to help me spread the word about my Wake Up Call Show.

Right Click the Show Cards image below, then copy or save, and print some cards out to give to your friends and acquaintances. The image will print 10 business cards on a standard letter size sheet of paper.

  The cards contain a QR READER Code anyone can scan with a Smart Phone or Tablet, they are several free QR Code Reader Application available in the applications store, scanning the card will take them directly to The Wake Up Call.  Thanks so much, Richard Martin