CoinDesk Podcast Network

BREAKDOWN: The Decade of the Living Dead – How Zombie Companies Are Robbing Tomorrow’s Economy

The percentage of companies that can’t afford to pay the interest on their debt has reached a new all-time high in the wake of central bank intervention.

Listen or watch all the new CoinDesk podcast episodes wherever you want.
Cast BoxiHeartiTunesPocket CastsRSSRadio PublicSpotify

ABOUT

[@portabletext/react] Unknown block type "iframe", specify a component for it in the `components.types` prop

The percentage of companies that can’t afford to pay the interest on their debt has reached a new all-time high in the wake of central bank intervention.

This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.

Today on the Brief:

  • MicroStrategy increases its bitcoin reserves by $175 million
  • The Oracle-TikTok deal starts to smell fishy
  • The SEC is investigating claims of fraud involving Nikola Corp.

Our main discussion: The rise of zombie firms.

A zombie firm is a company that can’t afford to service its debt from operating income. These companies are made possible by artificially low interest rates, and they drain resources from the economy.

On today’s episode, NLW explains:

  • Why there are more zombie companies than ever
  • The negative impact they have on the economy
  • How they could drive a new financial crisis

HOST

CoinDesk

CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies.

We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.

CoinDesk