@vgr has this stuff been on your radar?
https://ftalphaville.ft.com/2018/03/01/1519899712000/Rise-of-the-zombie-firm/ …
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a public sector friend was asking me about it for my SME perspective, and I was sort of like "ehh, what does it matter? SMBs gonna SMB" but then I realized I don't think about interest rates either
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Small businesses usually can’t get the lowest rates or unsecured debt anyway. Though lately I’ve been getting a lot of spam calls offering me lines of credit.
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