Economists speak in terms we can all understand.
February 18th, 2009 by admin
A Zombie Bank refers to a bank with a net worth which is less than zero, but which continues to operate because of implicit or explicit government guarantee. Zombie banks are a key factor in causing a silent bank run, since the reliability of the government guarantee can be called into question when a significant number of banks are in distress.
Daniel LuVisi's World War Z movie concept art for the "Battle of Yonkers" scene.
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