ilmscore | Prediction Details
"When interest rates are cheap, institutions start to borrow more money... And when you can borrow money cheaper, you can make riskier bets. And when you can make riskier bets, you can also make stupider bets, which means you start to see the growth of more zombie companies, more companies that don't make any money and don't have a path towards profitability."
By Minority Mindset | September 20, 2024 | Pending
From video
The Fed Just Made The Regular American Poorer 00:09:39 - 00:10:01
Interpreted Prediction
Lower interest rates are predicted to lead to an increase in 'zombie companies' – businesses that do not generate profits or have a clear path to profitability.

Prediction Details

Topic
Zombie Companies

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