Search

WHY USA PROVIDE FUNDING FOR LOSS-MAKING COMPANIES

... from the Bank for International Settlements (BIS), in a number of cases, it becomes difficult for such organizations to find the money to service debts at rates close to zero. One of the examples of such companies, which are close to bankruptcy, is the General Electric Corporation. An additional factor aggravating the situation with “zombie” companies was the pandemic. According to Bloomberg, of the 3,000 largest public companies in the United States, about 15% (450 firms) are unprofitable enterprises ...

Sorted by relevance | Sort by date