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You never know, it’s the law of unintended consequences. Maybe it would’ve caused people to walk away from stocks as an investment. Maybe people would’ve put al
by chongli 3y ago
You never know, it’s the law of unintended consequences. Maybe it would’ve caused people to walk away from stocks as an investment. Maybe people would’ve put all their money in real estate instead. Kind of staggering if you think about how much worse the whole housing crisis could be.
- doctorwho42 3y agoDevil's advocate; maybe they would invest more into small businesses instead of housing.
- chongli 3y agoSmall businesses are hard. I can’t tell you how many restaurants moved in (and then went out of business within a year) to the plaza next to the university during my degree. The landlords who own that plaza have remained the same for decades. They don’t care if any of the businesses survive. They have tenants lined up around the block, just waiting to pay big rents.
- jancsika 3y agoWhat's the failure rate in small- vs mid- and large-sized companies? Is it really any different?
- chongli 3y agoRestaurants have extremely high failure rates! Large sized companies are rock solid by comparison.
- ClumsyPilot 3y agoyou would invest in a fund, not individual small companies.