3 ms·

Not sure I follow. How are they prepping? Can you say a few things more or past a link or two please?

• sp332 4y ago
  Freezing hiring, buying stock back, reducing risky investments to stockpile cash.
  • spookierookie 4y ago
    I'd call them recession-prepping but not apocalyptic.
  • gisely 4y ago
    Buying stock back is apocalypse prep?
    • sp332 4y ago
      Sure, when a company decides that investments or hiring are unlikely to pay off, but also that inflation is going to eat dollars.
      • AnimalMuppet 4y ago
        That's not apocalypse, though. That's just the normal economic cycle. If a company actually thought the apocalypse was coming, why would they buy back stock? The stock's going to be worthless, and so is the company. Use the cash to buy something that will be worth something in the apocalypse (food, bomb shelters, guns, maybe gold). If you actually believe the apocalypse is coming, buying corporate stock is a stupid response. So I don't believe your claim that stock buybacks indicate that corporations know the apocalypse is coming. Rough economic times, sure. Apocalypse, no.
  • Ekaros 4y ago
    Apart from stock buybacks that seems like stopping wasting money. Preparing for apocalypse would mean significant pivots and investments to those.