Dr. Edward Altman Says Commercial Bankruptcies Are Set to Spike in 2024-25
Octus Radio
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The Rise of Zombies in the United States
Some countries like Canada and Australia, surprisingly to some, have an enormous number of zombie firms that do not qualify as zombies based on interest coverage less than one. But for the most part, they fail after many years of being zombies. And I'll come back to what happens to zombies after they are identified if you're interested later on.
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