The Decade of the Living Dead: How Zombie Companies Are Robbing Tomorrow’s Economy

<p><span style="font-weight: 400;">Today on the Brief:</span></p> <ul> <li style="font-weight: 400;"><span style= "font-weight: 400;">MicroStrategy increases its</span> <a href= "http://coindesk.com/price/bitcoin"><span style= "font-weight: 400;">bitcoin</span></a> <span style= "font-weight: 400;">reserves by $175 million </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">The Oracle-TikTok deal starts to smell fishy</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">The SEC is investigating claims of fraud involving Nikola Corp.</span></li> </ul> <p><span style="font-weight: 400;">Our main discussion: The rise of zombie firms. </span></p> <p><span style="font-weight: 400;">A zombie firm is a company that can’t afford to service its debt from operating income. These companies are made possible by artificially low interest rates, and they drain resources from the economy. </span></p> <p><span style="font-weight: 400;">On today’s episode, NLW explains:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Why there are more zombie companies than ever</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">The negative impact they have on the economy</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">How they could drive a new financial crisis</span></li> </ul>