FlowBank

1247 days ago • Posted by Charles-Henry Monchau

U.S "Zombie" firms are sitting on an unprecedented $1.4 trillion of obligations

A "Zombie" firm is a company that needs bailouts in order to operate, or an indebted company that is able to repay the interest on its debts but not repay the principal - Source: Bloomberg Intelligence, Wikipedia 

#Macro
U.S
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