COVID is adding reinforcements to the zombie army: 13 % of US companies in the Leuthold 3000 Universe index — akin to the Russell 3000 index of US companies — had staggered along for at least three years with profits < interest payments.
H/t @Noahpinion
ft.com/content/9b304e… https://t.co/6UNVKFfS0J
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…