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Corporates are trying to buffer up for the incoming recession. If they have no cash reserves they will go bankrupt.
by ShivShankaran 4y ago
Corporates are trying to buffer up for the incoming recession. If they have no cash reserves they will go bankrupt.
- Arn_Thor 4y agoSure. Shareholder interests and all that. But regardless of the reason why companies might be fattening up (come on, do you really believe they'd leave money on the table even in the best of times?), the fact is they're doing this at the expense of American households. That doesn't make it hunky-dory. And to bring it back to the original topic, that too is inflationary.