Asset Bubbles to Zombie Companies: The Dark Side of Rate Cuts
People use a torch while standing on the side of a street during a blackout in Caracas, Venezuela. (Photographer: Carlos Becerra/Bloomberg)

Asset Bubbles to Zombie Companies: The Dark Side of Rate Cuts

(Bloomberg) -- Warren Buffett’s warning that you only learn who’s swimming naked when the tide goes out is hardly heard these days as waves of easy monetary policy wash over the world’s financial m...
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