Japan’s Well-Fed Zombie Corporations


 

 

(From Mises)

Many (Japanese) companies are in economic distress due to the never-ending stagnation but survive thanks to comprehensive aid. The corporate sector as a whole is zombified, despite a high equity ratio, because it does not invest in market adjustments and relies on government aid and restrained wage demands by workers.

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This article was originally posted here: https://www.ac2news.com/2021/03/japans-well-fed-zombie-corporations/.

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