A Tsunami Of Zombie Corporations Are About To Go Bankrupt

A zombie company is a company that cannot even afford to pay its debts. It only survives because of artificially low-interest rates. Well, those days are over because rates are going back up.

The result of higher interest rates is that a lot of zombie companies will no longer exist; the number of bankruptcies is going much higher. How many companies are going…

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Jonathan Garner

Jonathan Garner

Finance/Investing/Economics blogger. I’m also a Philosophy of Religion blogger:https://jonathandavidgarner.wordpress.com/