“Zombie firms,” kept alive by low interest rates, account for up to 14% of UK companies.
Goods producing economy suffers globally. Services expected to keep it all taped together.
More and more companies either choose not to invest in other countries or are prevented from doing so.
“The worst labor market” on the planet: unemployment exceeded 20% in three downturns over the past 35 years.
World trade volume falls most since Financial Crisis.
February was bad. Housing market weakness is now spreading out from London.
Spanish banks expanded aggressively into Emerging Markets to flee the consequences of the euro debt crisis.
And the 217 planes that Jet Airways ordered from Boeing?
Italy’s fiscal health is once again in serious decline.
“The traditional private equity model should have no place in retail.”