Businesses Need to Get More Confident, Says Swonk

Businesses Need to Get More Confident, Says Swonk

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Interactive Video

Business

University

Hard

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The video discusses the state of household and corporate debt in the U.S. It highlights the improvement in household debt service ratios and net worth, indicating a stronger consumer position. However, it raises concerns about rising student loans and vehicle loans. The focus shifts to corporate debt, particularly in the junk bond market, and the potential risks if the economy weakens. The video concludes by emphasizing the need for businesses to regain confidence to avoid negative impacts on the economy.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways are student loans and vehicle loans described as problematic?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors could lead to consequences for the US consumer according to the text?

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