Very few comments in this thread talking about what he concludes as the most likely scenario- "decreased investment". Just what will happen when the Fed is forc

Very few comments in this thread talking about what he concludes as the most likely scenario- "decreased investment". Just what will happen when the Fed is forced to raise interest rates? What will happen to the unprofitable unicorns or even unprofitable public unicorns, much less all of the no-name startups burning VC capital? Surely not every Uber is going to get the Amazon treatment and allowed to keep burning until it finds a way to profitability. Of course, if ZIRP is reversed, who knows what will become of the economy in general. https://www.readmargins.com/p/zirp-explains-the-world https://www.readmargins.com/p/zirp-explains-the-world