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WHY USA PROVIDE FUNDING FOR LOSS-MAKING COMPANIES

... 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 ... ... economy from normal development has already reached $ 1.4 trillion. This debt is almost three times larger than the debts of 2008 crisis. At the same time, many companies, mired in debt, can no longer decide anything on their own, without constant subsidies ...

Modified: 12.18.2020
bankruptcy , USA , crisis , Boeing , Carnival , Exxon Mobil , General Electric
Path: РусБанкрот - СМИ
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