That is testimony to the capacity of the US corporate sector to respond aggressively to problems, which is ultimately a source of dynamism for the US economy. Finally, after a very strong upward trend earlier in the year, the Australian dollar has traded fairly steadily in recent times. None of this is to say that the world economy is completely out of danger.
Nevertheless, available evidence points to about 30% delinquency rate among small and medium-sized companies which access funds to finance their operations. In order to ensure uninterrupted availability of finance, it may be necessary to provide basic accounting skills to companies in the sector so as to keep the proportion of companies which are unable to service their debts to the minimum.