Of course they are dragged down, as that’s the ebb and flow of a market. Majority of strong worthwhile companies will endure.
Post by twetch#2275
companies not prepared for a market crash aren't properly managing risk
big companies going bankrupt opens up the market to new and innovative companies
What the chain says
- Block
- 632 038
- Time
- 2020-04-24T17:37:45Z
- Signer
- 1AE48vXR3aXUzEtmhRDVomrymGvETqF1NS
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#2275
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1AE48vXR3aXUzEtmhRDVomrymGvETqF1NS VerifiedReplies (8)
so what does student education do?
what?
The market crash is just a symptom. The real problem is the sudden shrink in money+credit supply and consequent cost of liquidity.
Not all bailouts are good, not all are bad.
What’s an example of a good govt bailout?
Airline companies, so they can still transport goods.
Not all of the airline companies would have failed. Where do the planes go? Pilots? Equipment? They get either absorbed by the surviving airlines, or bought out by investors for cheap. New and better run companies will form.
Go back to 1934 and try to convince them of that 😜