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Economy

bucolic_frolic

(51,626 posts)

1. It's always the same, high debt is part of the life cycle of capitalism

Reply to sl8 (Original post)

Fri Jun 7, 2024, 07:43 AM

Jun 2024

Every boom has its successes and failures that lead to the next bust, the 1920s and 1990s being two prime examples. There are zombies? Don't speculate. New ideas are better than old ideas going bankrupt. Few if any recover. I also read to shy from companies in states without sound securities laws, particularly relative to blue sky laws.

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Zombies: Ranks of world's most debt-hobbled companies are soaring, and not all will survive [View all] sl8 Jun 2024 OP

It's always the same, high debt is part of the life cycle of capitalism bucolic_frolic Jun 2024 #1

Seems to be that they are using the wrong monster analogy genxlib Jun 2024 #2

Worthwhile read: kicking Auggie Jun 2024 #3