Vicious Circle: ‘Economy not growing as companies sit on billions and don’t invest‘

Corporations around the world have billions of dollars in their bank accounts and they don’t spend it because the economy is not growing, but the economy is not growing because they are not spending the money, stock market analyst David Kuo told RT.

The entire global economy might be standing on the brink of a new financial crisis. According to the IMF, this time the threat is from central banks which encourage people to invest in risky businesses.