{"id":24589,"date":"2017-08-08T16:47:00","date_gmt":"2017-08-08T21:47:00","guid":{"rendered":"http:\/\/olduvai.ca\/?p=24589"},"modified":"2017-08-08T16:47:00","modified_gmt":"2017-08-08T21:47:00","slug":"us-companies-are-more-indebted-more-leveraged-less-profitable-and-more-richly-valued-than-ever","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=24589","title":{"rendered":"US Companies Are More Indebted, More Leveraged, Less Profitable, And More Richly Valued Than Ever"},"content":{"rendered":"

US Companies Are More Indebted, More Leveraged, Less Profitable, And More Richly Valued Than Ever<\/a><\/h3>\n
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Via MauldinEconomics.com,<\/em><\/a><\/p>\n

Once again I start with a warning<\/strong>: A recession is eventually coming and a financial crisis with it<\/a>. There is a real potential for it to come soon, although serious tax reform could delay it.<\/p>\n

But sooner or later, the pressures of too much government debt and too many government promises<\/a>, plus growth that is continually grinding slower, will break out into a recession.<\/p>\n

There is always another recession.<\/strong><\/p>\n

You can\u2019t run your life and business as if you expect one to happen tomorrow, but you can make contingency plans. With each passing day, recession gets closer, but that\u2019s no reason to be fearful if you\u2019re prepared.<\/strong><\/p>\n

Troublesome Facts<\/u><\/strong><\/p>\n

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The industrious Michael Lebowitz of\u00a0720Global<\/a>\u00a0performed an invaluable service last week by assembling \u201c22 Troublesome Facts<\/a>\u201d behind his reluctance to follow the bullish herd.<\/div>\n<\/div>\n

Most have helpful source links, too. Here\u2019s a short recap:<\/p>\n