Zombie companies are those that require bailouts to operate. In many instances, they continue to borrow money even though they are unable to pay off their debts.from Moneycontrol Market Outlook https://ift.tt/2YW5C31
Tuesday, June 16, 2020
Unprecedented steps by central banks may create #39;zombie markets#39;: Mohamed El-Erian
Zombie companies are those that require bailouts to operate. In many instances, they continue to borrow money even though they are unable to pay off their debts.from Moneycontrol Market Outlook https://ift.tt/2YW5C31
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