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Businesses may be sitting on trillions of dollars of assets, but they also have trillions of dollars of liabilities. Outside of tech, at least in the US, most i
by AJ007 10y ago
Businesses may be sitting on trillions of dollars of assets, but they also have trillions of dollars of liabilities. Outside of tech, at least in the US, most industries have fairly ugly balance sheets.
Inflation is another debate. Traditionally wages rise later rather than sooner in that environment.