3 ms·
Additionally, most of the corporations are cash rich right now and own much more of their own companies allowing them to both dip into those reserves and sell o
by taf2 7y ago
Additionally, most of the corporations are cash rich right now and own much more of their own companies allowing them to both dip into those reserves and sell off more of their companies to stay strong through the recession. I'm not worried... he's not worried either: https://www.youtube.com/watch?v=NJodqhzqPKQ https://www.youtube.com/watch?v=NJodqhzqPKQ
- gridlockd 7y agoCorporate cash is $1.8 trillion, but that's against $2 trillion of debt maturing in the next five years and $15 trillion total. I'm worried... he's probably worried as well https://www.bloomberg.com/news/articles/2019-05-09/corporate-debt-next-pain-point-in-u-s-big-short-s-eisman-says https://www.bloomberg.com/news/articles/2019-05-09/corporate...