This is the chart of zombie companies. As we mentioned at the beginning of the video,
a zombie company is a company that's not earning enough money or currency
to service their debt, the interest on their debt. So they have to borrow just to pay their interest.
They can't touch the principal. They're really hurting for cash flow.
And so the number of zombie companies in the U.S. is skyrocketing. This is from October of
this year. So certainly much more recent. 43% of the Russell 2000 companies are now
unprofitable, the most since the COVID crisis. So they're talking about 43%. Oh my God.
Yeah. Now they're talking about the Russell 2000, whereas what we were just looking at.
So with more companies instead of 1500, the Russell 2000 incorporates the S&P 1500.
Those companies are in here. This is 2000 of the publicly listed companies in the United States.
Wow. Yeah. And so this is the chart here. The share of Russell 2000 companies with
negative earnings continues to rise. And you can see where we're at here.
The Russell 2000 must include some less profitable companies because this chart goes back to 1995.
The other chart started in 2000. And this shows it up at about 16% or so in the year 2000,
where our chart showed it at 3%, I believe. So it's including the extra 500 companies,
our weak companies, compared to the first 1500 or 500 or whatever our last chart showed.
So this isn't an increase from 20% to 45%. But still, this is incredibly alarming.