
Zombie
Exposed by Covid-19: zombie firms that are more debt than alive. Low interest rates & easy consumer credit kept them teetering on the edge of bankruptcy but undead, despite relentless price pressure. Lockdown + harsh recession = curtains. A shakeout will be painful for workers, suppliers & clients, as the dead men stop walking
Guessed the Word? Series 58 (1/6) pic: Queven