4 ms·
Of course there's no cash on the balance sheet. If you leave it on, your competitor won't. I don't know why people continue to believe there's an invisible econ
by throwaway984393 5y ago
Of course there's no cash on the balance sheet. If you leave it on, your competitor won't. I don't know why people continue to believe there's an invisible economist in the sky making sure that your economy will always be healthy as long as the market can do whatever it wants.
Or, perhaps we're just looking at it the wrong way. Nature has epidemics, hurricanes, droughts, forest fires. Maybe a recession every 20 years is an economic forest fire clearing away the dead brush, and a collapse of global infrastructure is just a global logistics drought. Sure, companies collapse, people's lives are thrown to the wind. But nature's cruel, right?
- blitzar 5y agoThere is no punishment for having zero cash on the balance sheet only penalty, even in a crisis. I would love to see the corporate equivalent of a pandemic, let the weak die off and the strong continue on. Sadly that isnt what happens. The weak become zombies, propped up by government money out of fear of the weak being killed off.