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Here is my inspiration for this post: Ultra low rates are not a tool for growth, but a tool for malinvestment. BIS estimates that zombie firms doubled since 2010 to 10% of US large companies, with a combined market capitalization of $2.3 trillion. https://t.co/WO265GNP2e — Daniel Lacalle (@dlacalle_IA) November 29, 2018 Responses I liked: If […]
