How big tech is dragging us towards the next financial crash: https://www.theguardian.com/business/2019/nov/08/how-big-tech-is-dragging-us-towards-the-next-financial-crash #Business #Economics #Technology
Turns out that the one trillion Dollars which the big US tech companies (Apple, Google, Amazon, etc.) hold in their offshore accounts are mostly in bonds. By that, these companies have become shadow banks, keeping alive other 'zombie' companies that otherwise would run of credit/go out of business.