>"Zombie companies are indebted businesses that, although generating cash, after covering running costs, fixed costs (wages, rates, rent) they only have enough

>"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.[1] As such they generally depend on banks (creditors) for their continued existence, effectively putting them on never-ending life support." Comment: I am not a finance person, but the pattern above sure sounds a whole lot like revolving credit to me, that is, what revolving credit is to credit cards, this seems to be with respect to corporations, to big businesses... Also, let's remember an old economic identity: One man's debt is another man's free money (or interest, if you prefer that term)... That is, something that looks terrible from one perspective -- looks great from another perspective that is 180 degrees reversed... the perspective of the lender...