Companies are typically expected to innovate and restructure once they cannot service their debts or go out of business. However, zombies stagger along. Economists worry these firms will siphon resources from healthy parts of the economy. Moreover, we do not know if zombie firms can be strong enough to survive future shocks from rising interest rates.

Despite ongoing efforts to contain the COVID-19 pandemic, the virus continues its destructive march on Homo Sapiens. Despite constant efforts to stop it, the virus continues its deadly march on us. However, Humans have always been resilient. We will survive the pandemic, but nothing comes without its price.