Good morning from #Germany, where economy gets zombified. Insolvencies fell 46.7% YoY in Nov due to

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Good morning from #Germany, where economy gets zombified. Insolvencies fell 46.7% YoY in Nov due to state aid & modified insolvency rules. But trend toward fewer insolvencies & thus less Schumpeterian destruction has been going on since 2010, ever since #ECB radically cut rates. h/t Holger Zschaepitz

Good morning from #Germany, where economy gets zombified. Insolvencies fell 46.7% YoY in Nov due to

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