$29 Trillion World Corporate Debt – Global Capitalist Crisis Coming?

Looking for signs of what is really going on in the world capitalist economy is difficult when the units of analysis are nation-states. What matters more are those signals which impact the economy as a global whole. This brief article points to $29 trillion debt in corporations the world over. It also says that one-third of the companies cannot produce enough profit in investments to cover their cost of funding. What is amazing is that what would be an unacceptable and intolerable way to live for individuals is acceptable as a way of life for an economic system. Ignore the video. It’s the text below it that explains what’s going on.

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