We've both suggested a slow global credit squeeze this year noting also that there is not certainty on timing.
What must happen will happen. The underlying global causes have been visible for many years and we've discussed and argued about them for years on these threads. Bloomberg just rolls with the punches. By the time a headline reaches Bloomberg it isn't usually news .anymore.
I don't pay for Bloomberg (paying for the the AFR is enough for me ATM).
Occasionally I see finance journos picking up click bait themes from HC. They have to get inspiration from somewhere.
