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Germany, Haunted By Zombie Firms

In political economy, a zombie company is a company that needs bailouts in order to operate, or an indebted company that is able to repay the interest on its debts but not repay the principal.

Zombie companies are indebted businesses that, although generating cash, after covering running costs, fixed costs (wages, rates, rent) they only have enough funds to service the interest on their loans, but not the debt itself. As such they generally depend on banks (creditors) for their continued existence, effectively putting them on never-ending life support.
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Daniel Lacalle
Daniel Lacalle has a PhD in Economics and is author of Escape from the Central Bank Trap, Life in the Financial Markets, and The Energy World Is Flat.
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Permanent link to this article: https://snbchf.com/video/lacalle-germany-zombie-firms/

7 comments

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  1. Puente Madera

    ¿Por qué no lo traducen soy mayor y no hablo inglés?

    1. Javier Jiménez Gutiérrez

      El señor Lacalle debería subtitular los vídeos.

    2. JUAN MGTOW

      señor disculpe quisiera ayudarle,en la rueda engranaje del video tiene un traductor solo tiene que seleccionar el idioma y pausar el video si su lectura no es muy fluida,espero ayudarle mi enorabuena por aprender nuevas tecnologias y estar hoy aquí por lo tando solo me queda desearle un buen día un saludo.

  2. javgaldos

    ????

  3. currofbm currofbm

    Muchas gracias por compartir el vídeo. ¿Sería correcto decir que Deutsche Bank lleva zombificado desde la crisis de 1989?.
    Un saludo

    1. JUAN MGTOW

      tu sabes amigo.

  4. Javvi

    Thank you so much for your wisdom Mr Lacalle

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