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Wednesday, May 27, 2020

Over-Leveraged Zombie Companies Threaten Economic Recovery

There seems to be mounting optimism that the US economy will rebound relatively quickly as states begin opening up and there is progress toward a coronavirus vaccine. But the optimism ignores deep problems in the US economy the existed before the pandemic  – chief among them staggering levels of debt and the proliferation of zombie […]

from SchiffGold https://ift.tt/2Aci6L6