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It's really simple: if you crash the market and you are liquid you can buy up all of the assets for pennies. That's pretty much the playbook right now in one pa
by jacquesm 9mo ago
It's really simple: if you crash the market and you are liquid you can buy up all of the assets for pennies. That's pretty much the playbook right now in one part of the world, just the same happened in the former Soviet Union in the 90's.
- acuozzo 9mo agoI get (and got) that. My focus was specifically on: "its not clear if, approximately speaking, anyone actually has the 'money' to buy any goods now."
- AndrewKemendo 9mo agoCause it’s mostly bought on credit now, not with cash