The recent plunge in Glencores (LSE: GLEN) share price highlightsvulnerabilities in its business modelthat gobeyond itsmembership of the troubled commodity sector. Its reliance on cheap debt and the sheer amountof debt it is carrying means its survival from here ispartly a question of confidence.
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Owain Bennallack has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.