Landlords are Leaches, page-1205

A lot of the recent insolvency issues are from zombie companies that have been treading water for ~ 5 years. The cheap credit cycle, ato pausing debt repayments during covid and covid stimulus artificially kept them alive. There are plenty of articles documenting the amount of debt accumulated by zombie companies dating back to 2019/2020 and they largely predicted this is what would happen when the credit cycle changed.