The zombie companies
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The Rise of Corporate Zombies: A Looming Crisis?
The chapter discusses the concept of 'zombie companies' in a high-interest rate environment, using WeWork as an example. It highlights the financial distress faced by many companies in the Russell 3000 index and explores the potential risks of widespread defaults and bankruptcies. The chapter also delves into the concerns surrounding private equity-owned companies and the need to monitor the riskier ends of credit markets.
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