4 ms·
> cash that the likes of Softbank are throwing away comes from private holding Softbank use debt to leverage various things. They require a functioning monetar
by KaiserPro 1y ago
> cash that the likes of Softbank are throwing away comes from private holding
Softbank use debt to leverage various things. They require a functioning monetary system to work. They cannot work as they are in a financial recession. Sure some of it might pensions, but again that drys up when the financial system freezes.
Money doesn't exist in a vacuum. Its not some fixed supply of things. its a dynamic system that grows and contracts based largely on vibes.