alt Hacker NewsThis is meaningless in the long run; the broader problem is the constant circular financing and "Fake profits".
It is not the first time, either; the capital cycle will prevail.
This is meaningless in the long run; the broader problem is the constant circular financing and "Fake profits".
It is not the first time, either; the capital cycle will prevail.
All economics is circular financing, that's how it works.
You pay Apple for a MacBook, Apple uses it to develop a better MacBook.
What goes wrong is leverage. We haven't seen much hint of the 10x leverage kind of deals that brought down the house in 2008.