Negative Rates are not an exception anymore. No wonder global debt soars to all-time highs and growth disappoints
Companies are investing as much as they need. Capex is not risng as much as central planners expect, that is all. Not because corporations are evil or stupid or lazy, but because overcapacity and risks outweigh returns. The Rise of Zombie Companies, And Why It Matters To You The Bank of International Settlements (BIS) has … Read more