A World Without Credit Would Be Chaos

🎙️ On today's episode of NACM's Extra Credit podcast ... Trade creditors are the lifeblood of our economy, currently providing approximately $5.6 trillion of capital to businesses in the United States, most of which is extended on an unsecured basis. Here we explore what a world might look like without credit (hint: It is pure chaos).

⭐ Hear from <a href="https://www.linkedin.com/in/ACoAAAHyE4ABmPNsRfoe1NlaSEIyIJv9KET8-4o" data-attribute-index="0" data-entity-type="MINI_PROFILE" style="box-sizing: inherit; margin: var(--artdeco-reset-base-margin-zero); padding: var(--artdeco-reset-base-padding-zero); font-size: 14px; vertical-align: var(--artdeco-reset-base-vertical-align-baseline); background-image: ; background-position-x: ; background-position-y: ; background-size: ; background-repeat-x: ; background-repeat-y: ; background-attachment: ; background-origin: ; background-clip: ; background-color: rgb(255, 255, 255); text-decoration: var(--artdeco-reset-link-text-decoration-none); font-weight: var(--font-weight-bold); border: var(--artdeco-reset-link-border-zero); color: var(--color-action); line-height: inherit !important; touch-action: manipulation; position: relative; word-break: normal; overflow-wrap: normal; font-family: -apple-system, system-ui, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, &quot;Helvetica Neue&quot;, &quot;Fira Sans&quot;, Ubuntu, Oxygen, &quot;Oxygen Sans&quot;, Cantarell, &quot;Droid Sans&quot;, &quot;Apple Color Emoji&quot;, &quot;Segoe UI Emoji&quot;, &quot;Segoe UI Emoji&quot;, &quot;Segoe UI Symbol&quot;, &quot;Lucida Grande&quot;, Helvetica, Arial, sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal;">Erin Stammer, MPA-HA ; <a href="https://www.linkedin.com/in/ACoAAAFEA1wBROfc7SjBp0Xe_Rva4o2-0rBVWa0" data-attribute-index="2" data-entity-type="MINI_PROFILE" style="box-sizing: inherit; margin: var(--artdeco-reset-base-margin-zero); padding: var(--artdeco-reset-base-padding-zero); font-size: 14px; vertical-align: var(--artdeco-reset-base-vertical-align-baseline); background-image: ; background-position-x: ; background-position-y: ; background-size: ; background-repeat-x: ; background-repeat-y: ; background-attachment: ; background-origin: ; background-clip: ; background-color: rgb(255, 255, 255); text-decoration: var(--artdeco-reset-link-text-decoration-none); font-weight: var(--font-weight-bold); border: var(--artdeco-reset-link-border-zero); color: var(--color-action); line-height: inherit !important; touch-action: manipulation; position: relative; word-break: normal; overflow-wrap: normal; font-family: -apple-system, system-ui, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, &quot;Helvetica Neue&quot;, &quot;Fira Sans&quot;, Ubuntu, Oxygen, &quot;Oxygen Sans&quot;, Cantarell, &quot;Droid Sans&quot;, &quot;Apple Color Emoji&quot;, &quot;Segoe UI Emoji&quot;, &quot;Segoe UI Emoji&quot;, &quot;Segoe UI Symbol&quot;, &quot;Lucida Grande&quot;, Helvetica, Arial, sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal;">Kevin Chandler ; and <a href="https://www.linkedin.com/in/ACoAAEHSq9MBZPu492t0-bXK_gMh94UROxNaWPU" data-attribute-index="4" data-entity-type="MINI_PROFILE" style="box-sizing: inherit; margin: var(--artdeco-reset-base-margin-zero); padding: var(--artdeco-reset-base-padding-zero); font-size: 14px; vertical-align: var(--artdeco-reset-base-vertical-align-baseline); background-image: ; background-position-x: ; background-position-y: ; background-size: ; background-repeat-x: ; background-repeat-y: ; background-attachment: ; background-origin: ; background-clip: ; background-color: rgb(255, 255, 255); text-decoration: var(--artdeco-reset-link-text-decoration-none); font-weight: var(--font-weight-bold); border: var(--artdeco-reset-link-border-zero); color: var(--color-action); line-height: inherit !important; touch-action: manipulation; position: relative; word-break: normal; overflow-wrap: normal; font-family: -apple-system, system-ui, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, &quot;Helvetica Neue&quot;, &quot;Fira Sans&quot;, Ubuntu, Oxygen, &quot;Oxygen Sans&quot;, Cantarell, &quot;Droid Sans&quot;, &quot;Apple Color Emoji&quot;, &quot;Segoe UI Emoji&quot;, &quot;Segoe UI Emoji&quot;, &quot;Segoe UI Symbol&quot;, &quot;Lucida Grande&quot;, Helvetica, Arial, sans-serif; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal;">Brittany Yvon, CICP CBA !

A World Without Credit Would Be Chaos

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Annacaroline Caruso

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A World Without Credit Would Be Chaos

About the author

Annacaroline Caruso

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