Zombie Companies have risen to all-time highs due to cheap money and high liquidity. Endless refinancing perpetuates overcapacity and incentivises low productivity.
…And you wonder why salaries don't rise.
(source BIS) pic.twitter.com/UqLdfDq4BC
— Daniel Lacalle (@dlacalle_IA) March 14, 2018
🔹Global #Debt & #Equities to Global #GDP, 2018 – 449%
🔻In quarter 3 of 2007 it was 379%
🔻In quarter 1 of 2000 it was 359%
Can anyone remember the years 2007 and 2000? Did something happen those years?
Via: “The Credit Bubble Bulletin” pic.twitter.com/Z8G1S4eRq4
— OW (@OccupyWisdom) March 14, 2018
Chart: The Treasury curve flattening again – pic.twitter.com/j6Edjs8jqN
— (((The Daily Shot))) (@SoberLook) March 13, 2018
Remember, a rising stock market in nominal terms means nothing in real terms…
DOW 1000000000 pic.twitter.com/PZJQRDRykE
— OW (@OccupyWisdom) March 14, 2018