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My point is there's no point in making "good use" of this money against the backdrop of what's currently happening. It's a symbol, at best.
by H8crilA 7y ago
My point is there's no point in making "good use" of this money against the backdrop of what's currently happening. It's a symbol, at best.
- jacquesm 7y agoOf course there is. The backdrop is like the weather. In the meantime you could fund a lot of start-ups from that money. Now, arguably, SoftBanks' history is less than stellar but still, the chances of them doing something good with that cash strongly outweigh the chances of WeWork doing something good with that cash. That still leaves your point about the rest of the trillions that have been printed but that is another topic entirely and can be addressed on its own, and likely in a different thread.
- H8crilA 7y agoEvery cycle, since the invention of money, it's the same thing over and over again - not understanding that it's the demand (investors) that causes problems, not the supply (investments). Demand creates supply. Supply does not create demand. It's like blaming oil wells or oil companies for global warming, instead of the people that buy and burn oil (aka everyone). That is what I meant by "don't expect you to understand", because it seems people never do.
- jacquesm 7y ago> That is what I meant by "don't expect you to understand", because it seems people never do. When that feeling hits you repeatedly maybe the problem is on your end. For instance, when you use supply and demand in the opposite way of what 'normal' people do then you are asking for not being understood.
- H8crilA 7y agoIt's supply and demand of equity/prospectuses.