Leveraged corporate loans

In a previous article (a couple back) Yellin is speaking about how leveraged corporate loans (especially regarding mergers of large corporations) might result in bankruptcies of large corporations here in the U.S.

This reminds me of the unsecured loans given to almost anyone in the 2000s that caused the Great Recession to wipe out the Middle Class completely here in the U.S. between 2006 and about 2012 to 2014. The middle class still hasn't fully recovered from their losses which were considerable which is why someone like Trump was able to be elected on the rage and anger of those destroyed middle Class people now struggling to financially survive.

If large corporations (with leveraged loans go bankrupt) because of economic downturns here in the U.S. I'm not sure what effect that could have on the U.S. economy. It would be quite different than people losing homes before. But, it could be the same if and when millions of employees suddenly have no jobs, go on unemployment compensation, then can't find good employment and start losing their homes (like what happened  in the last great recession).

So, this would look like the last one from one perspective but not another. So, it would be different but also a lot like the last one if this happens.

This is a part of the problem I'm seeing now that could actually happen given all present day variables the way they are moving now.