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"I don't understand why it's an indictment." You are not reacting to the content of the opinion piece. Three points are made in the piece that "indict modern f
by itcrowd 7y ago
"I don't understand why it's an indictment."
You are not reacting to the content of the opinion piece. Three points are made in the piece that "indict modern finance", none of them being about SoftBank's "stupid risky bet" or how that should be regulated/banned.
> But the crisis at WeWork [..] exemplifies the increasing volatility of the economic model that inflated the unicorns of the past. And it involves three trends [..]: the expansion of the gig economy, the relatively low cost of commercial real estate, and the increase in financial flows from sovereign investors in search of political capital.
(edit: not sure I agree with the content of the article, but I'm quoting the gist of it)
- SpicyLemonZest 7y agoI saw the points, but I don't understand the fundamental premise underlying them. How can WeWork's valuation can be analyzed in terms of market trends when the market didn't set it or agree with it?