THE USA'S FAILING ECONOMY
The dangerous zombie identities.
The U.S. trade deficit soared 12% in 2017.
The U.S. trade deficit in December and for the full year both rose to the highest levels since 2008.
U.S. trade deficit in Trump's first year soars
According to a report by London's Longview Economics, if US interest rates rise rapidly above 3 percent, a number of US companies will be bankrupt.
12 percent of US companies are 'zombies.'
Their earnings do not cover their interest payments.
A sudden rise in interest rates would send the 'zombie' companies into bankruptcy.
According to a report carried out by the Bank of America Merrill Lynch, 9 percent of companies in Europe are 'zombies'.
According to a report carried out by the Bank of America Merrill Lynch, 9 percent of companies in Europe are 'zombies'.
This compares to 6 percent in the period before the crash of 2008.
Dow Records Biggest Ever One-day Point Fall.
The Dow Jones plummeted around a thousand points in the biggest one day drop in the history of Wall Street. Feb 5, 2018. However, Trump Did Not Tweet About the 'Dow Joans' .The February 2018 economic statistics in the USA show:
1. The jobless rate for men has increased.
2. Inflation has increased.
News Corp expands its pro-Trump #fakenews despite failing US economy - 7 February 2018.
USA today
It has just been beaten by The Congo.
The USA is one of only four countries with debt above 100% of GDP and still rising rapidly.
The others are Mozambique, Bhutan, and Lebanon.
News Corp expands its pro-Trump #fakenews despite failing US economy - 7 February 2018.
NICK VERSUS LORD BRAMALL
Labels: bankrupt, debt, interest rates, jobs, stock markets, Trump, unemployment, US economy, zombie companies
posted by Anon @ 00:56
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