Not any more it isn’t. Now it’s a money-markets and financing problem. If the liquidity problems spread further to the point where it affects general commercial paper, trade finance, leasing and the like it could get seriously nasty. If lots of businesses start to hoard cash and tighten payment terms that will kick the economy in balls hard enough to make things so far look like nothing.
I don’t think this thread qualifies as a zombie yet, and I just came across another revision this morning:
So, according to the article, 4th q GDP was negative, 1st q GDP was 0.9%, and 2nd q GDP was 2.8%.
There is no incentive to have a long term successful company? No reason to build for the future? it’s all short term grab the money and run. ? Wonder why this shit happened. You have it there. We don’t manufacture . We just manipulate money.