Monday, June 17, 2019

Zombie Companies?

Is this article what drives the popular obsession about a "Zombie Apocalypse" coming?  No, but the term zombie has now become so popular that its use is profuse. For a history of the whole zombie culture obsession with this topic, I recommend this site for specifics.  

When it comes to the phrase "zombie companies", we're talking about those companies which are in debt and are struggling to just pay the interest on that debt, let alone the principle on that debt.

Most people out there are too busy doing what they're doing to even be interested in knowing much of anything about our nation's economy and how it actually works.  In a time when the cost of living keeps climbing, it tough enough for the majority to just make enough to pay all the bills, let alone accumulate any savings.

But, for those who do know something about how our nation's economic engine works today, this article will be of interest to you.  While it is longer than most are willing to dig through, it does contain some rather interesting information about how our nation came dangerously close to another economic collapse.

In the middle of the article there is a chart titled "S&P 1,5000 - Zombie Companies".  Just above that chart is with a link to this video which explains what our nation is headed for should we encounter another economic circumstance like it went through in 2008.

There are many who believe that, when we experience the next economic collapse, it will affect the world's economy and it will be much more severe than 2008; creating a  scenario of a zombie apocalypse which was popular on television titled "Walking Dead".

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