@adam_tooze @SoberLook While we are on a "sober" look, same collapse after FY14 anti-corruption crackdown visible i… https://t.co/X7aSfi0HmH
Between March 2020 and March 2021, Fitch, a ratings agency, downgraded 460 firms, or almost 20% of its corporate bond
September 26, 2021
Between March 2020 and March 2021, Fitch, a ratings agency, downgraded 460 firms, or almost 20% of its corporate bond portfolio. But corporate debt seems