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Category: mohamed el-erian

The Walking Fed Creates Zombie Horde

By Coinsummit   Posted in federal reserve Market News mohamed el-erian Op-ed
Posted on May 27, 2020

Stocks of zombie corporations are outperforming the S&P 500. A horde of companies too dead to feed their debts continues walking due solely to Federal Reserve bailout programs. This subverts the natural selection of capitalism and does not let the brave new world start clean. In the television series The Walking Dead, a virus creates …

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