We're Going to See Some Companies Fail, Which May Just Be What We Needed

The fed has reversed course and says it will keep raising rates until the inflation dragon is slain. The idea weare going to start cutting rates early next year, when inflation is very likely going to be well, well, well in excess of our target,. I just think it's not realist. Where does that leave all those companies who've borrowed so much? Well, at least some of them are so called ambes. No, not those zambis companies that don't generate enough cash to pay their debt. And that leads economists like nuril robini to say, we're going to see some of them fail - which may just be what we needed to get to the