3 ms·

To be fair, to "lose" billions of dollars. Really means putting that money into the economy without any immediate return. Which kinda sounds like a good thing

To be fair, to "lose" billions of dollars. Really means putting that money into the economy without any immediate return. Which kinda sounds like a good thing?

Yhippa 4y ago
Inefficient allocation of capital doesn't sound like a good thing to me.
- tiagod 4y ago
  Maybe it wasn't so well allocated if it was gone this fast.
abdabab 4y ago
When the valuation drops those money just evaporates. They don’t go into economy.