Almost 200 corporations have become zombie firms since 2019 and they’ve added $1 trillion of debt to their balance sheets, bringing total obligations to $1.36 trillion. That’s more than double the $500 billion zombie firms owed at the peak of the financial crisis.
This chart is from Coinbase CEO @brian_armstrong showing how many $BTC buys were made with the exact size of the stimulus check.
Looks like quite a few of you actually did it....