With interest rates at subatomic levels, “zombie” companies continue to defy the laws of physics. As discussed in ZH below, “it started in December 2017, when the IMF published a blog discussing the “Walking Debt: China’s Zombies” (a topic we first covered in October 2015 in “More Than Half Of China’s Commodity Companies Can’t PayContinue reading “Zombie Apocalypse”
Tag Archives: #centralbanking
While Household Income Falls, Central Bankers Are Pushing for Higher Prices | Daniel Lacalle
“We have not crashed yet, let’s accelerate.” Central banks continue to be obsessed with inflation even as household income and balance sheets continue to weaken in real terms. Source: While Household Income Falls, Central Bankers Are Pushing for Higher Prices | Daniel Lacalle
Econophysics2020 