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Zombie Company Defaults To Accelerate Bank Failures | Rafi Farber
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Liberty and Finance
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Published a year ago

As interest rates have risen, countless companies in the US are on the brink of failing. The collapse of these "zombie" companies could impact the banking system, says Rafi Farber, founder of The End Game Investor. When the first big company fails, "then you'll see dominos starting to fall." It's important to build community and prepare financially, he says, because tough economic times are ahead.


Rafi Farber on YouTube: https://www.youtube.com/@endgameinvestor/videos


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INTERVIEW TIMELINE:

0:00 Intro

1:43 National debt

10:00 Foreign holders

14:14 Commodity-backed currency

22:20 State laws

27:27 Zombie companies

31:00 Zombie households

33:24 Weathering the storm

46:40 Last thoughts

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