Zombie banks are banks that appear to be healthy and appropriately capitalized right now but will be viewed as insolvent in the future once investors know the true value of their assets. In other words, as you will see in the What are Zombie Banks video, zombie banks are banks that are going about their day-to-day business as if everything is okay today but will be forced to close their doors in the future when everyone realizes they don't have as much money as they thought they did. more
Labels: Technological Zombies
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