There are lots of zombie companies that can't pay interest on their borrowings that need to go to the wall. Lots of companies with excessive executive remuneration that need a reality check. Excessive consumer and government debt just waiting around for a default to rule a line across the ledger. And the stupidity of climate change and n…
There are lots of zombie companies that can't pay interest on their borrowings that need to go to the wall. Lots of companies with excessive executive remuneration that need a reality check. Excessive consumer and government debt just waiting around for a default to rule a line across the ledger. And the stupidity of climate change and net zero to come up against some hard realities. A decent shake out will do us the world of good. The FED, the US Treasury and the banks will not be immune.
There are lots of zombie companies that can't pay interest on their borrowings that need to go to the wall. Lots of companies with excessive executive remuneration that need a reality check. Excessive consumer and government debt just waiting around for a default to rule a line across the ledger. And the stupidity of climate change and net zero to come up against some hard realities. A decent shake out will do us the world of good. The FED, the US Treasury and the banks will not be immune.