The dangerous zombie identities.
According to a report by London's Longview Economics, if US interest rates rise rapidly above 3 percent, a number of US companies will be bankrupt.
12 percent of US companies are 'zombies.'
Their earnings do not cover their interest payments.
A sudden rise in interest rates would send the 'zombie' companies into bankruptcy.
According to a report carried out by the Bank of America Merrill Lynch, 9 percent of companies in Europe are 'zombies'.
According to a report carried out by the Bank of America Merrill Lynch, 9 percent of companies in Europe are 'zombies'.
This compares to 6 percent in the period before the crash of 2008.
Dow Records Biggest Ever One-day Point Fall.
The February 2018 economic statistics in the USA show:
1. The jobless rate for men has increased.
2. Inflation has increased.
News Corp expands its pro-Trump #fakenews despite failing US economy - 7 February 2018.
It has just been beaten by The Congo.
The USA is one of only four countries with debt above 100% of GDP and still rising rapidly.
The others are Mozambique, Bhutan, and Lebanon.
