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Eileen Appelbaum

Eileen Appelbaum

Eileen Appelbaum is Senior Economist at the Center for Economic and Policy Research in Washington, DC, and Visiting Professor in the Department of Management at the University of Leicester, UK.

Excessive debt endangers real economy firms and workers

By their excessive use of debt, private equity companies in the US increase the risk of bankruptcy of real economy companies they acquire. One of the lessons of the financial crisis of 2008 is that the excessive use of debt undermines the stability of the financial system and poses a threat to companies and their workers.

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