While the interest rates become negative and debt ratio reach all time highs . A reversal of the current economy seems to be closer and closer ..
According to Bank of America Merrill Lynch , « The number of zombie companies in advanced economies last year stood at 536, or 13% of the total . » Which means that companies can not even cover their interest payments .
« That’s a surprising figure given that the global economy was strong in 2018. In fact, the number of zombie companies isn’t far from the peak of 626 seen during the depths of the Great Recession, BofA said. »
In parallel with this wall of debt Russia and China are buying Gold in anticipation of the end of dollar hegemony .
The below article sum up this situation :
