Will Risky Supplier Financing Light The $1.3T Debt Bomb’s Fuse?
The devil is in the details and the devil is in the balance sheet of companies where trade credit has been extended (a la Sears) -- where public company debt stands at 45 pct of GDP. Jerry Flum, CEO of CreditRiskMonitor, expands on his comments made at the PYMNTS B2B conference and shows how massive defaults loom spelling trouble for all of us