4 ms·
"If people don't pay for a company's products, that company will go out of business." The problem is that capitalism has broken down. 20% of publicly traded c
by mrnobody_67 6y ago
"If people don't pay for a company's products, that company will go out of business."
The problem is that capitalism has broken down.
20% of publicly traded companies are zombies. Their earnings are below what they need to pay INTEREST on their debt.
Government is bailing out inefficient companies, whose assets would otherwise be sold off to more efficient operators.