2 ms·
I'll let you in on something. The "inexplicable" success is Fed interest-rate policy plus deficit spending.
by sfblah 1mo ago
I'll let you in on something. The "inexplicable" success is Fed interest-rate policy plus deficit spending.
- asveikau 1mo agoThis is a ridiculous statement. I think it's more like: they have tons of sales sustaining the business.
- sfblah 1mo agoLook at GDP growth (it's not great). Where are the sales coming from? The modal revenue boost to Mag-7 companies since Covid has been a profitless tech firm wasting venture money whose source was debt enabled by low interest rates.