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A zombie economy could be America’s future

Japan kept interest rates low for decades, creating thousands of “walking dead” businesses. This is now the danger for the United States.

Allison Schrager

People often make a distinction between “good debt” and “bad debt” in terms of both personal finances and public spending: Good debt,...

People often make a distinction between “good debt” and “bad debt” in terms of both personal finances and public spending: Good debt,...

People often make a distinction between “good debt” and “bad debt” in terms of both personal finances and public spending: Good debt,...

People often make a distinction between “good debt” and “bad debt” in terms of both personal finances and public spending: Good debt,...