The slow-walking mindless undead of many a horror film may figure in our nightmares, but increasingly we experience the zombie walk in our working lives as well. Maybe you are one of the millions working in businesses that have accrued so much debt since the recession began, that they have little prospect of ever being able to repay it.
The directors of these businesses, and their employees, continue working each day with no end to the misery in sight – thanks to government help, ultra-loose monetary policy and, often, the reluctance of lenders to write down bad loans since the crisis.
The belief is spreading that these firms – which spend their cash servicing interest payments are unable to invest in new equipment or future growth areas – are to blame for the weak recovery,
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