alt Hacker NewsThe company budgets cannot sustain this. Behemoths like Google and Amazon with insane balance sheets are now on their knees begging for loans.
We (as a country) should contain our exposure to this insanity. If companies want to go bankrupt let them go, but we cannot strangle the liquidity of the entire market to feed the ambitions of these handful of companies.
Replies
kingleopold • today at 12:32 AM
dont worry rates, more debt or printing will do the trick. we either get ASI or high in. rates forever, nothing in between
forgetfreeman • today at 12:34 AM
Apparently we can? Anyway, y'all think it's too soon to pivot into precious metals?
I think it's fine just do a recession with like 15-30% interest for 15 years and let the population take the hit for the short-term gains