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>> | No. 19666
19666
https://www.theguardian.com/business/2019/jul/13/urgent-planning-needed-to-combat-looming-downturn |
>> | No. 19667
19667
Is it going to bring house prices down? |
>> | No. 19668
19668
I wonder what the impact will be on the share prices of tech companies, especially in the USA. I'm very fond of a hypothesis that goes like this: CEOs get performance related pay for increasing share prices as a measure of their success and improvement of the company. Goodhart's law in full effect, they game it by making wasteful and costly decisions that nonetheless boost share prices so that they can get their own pay boost/not be replaced by shareholders. Companies do odd things like borrowing money (at historically low interest rates.) to buy back their own shares, which pushes up the price. Everyone's happy until something comes along and breaks the illusion. Maybe a recession will shake general confidence, maybe someone will come along and increase interest rates so that the debt taken on at low rates suddenly becomes a problem. If either is correct, it should be fun to watch from the sidelines. |
>> | No. 19669
19669
Hopefully it helps kick out Trump and the Tories. |
>> | No. 19670
19670
>>19669 |
>> | No. 19671
19671
>>19669 |
>> | No. 19672
19672
>>19671 |
>> | No. 19675
19675
>>19672 |
>> | No. 19676
19676
>>19671 |
>> | No. 19678
19678
>>19669 |
>> | No. 19680
19680
I used to look forward to the next recession. The last two big economic paradigm shifts were greatly influenced by downturns, and despite the fact the messiah who would lead us to the promised land something better did not appear on doomsday 2008 I've got to hold out hope he'll appear next time. Even as I know it's cargo-cult political economy, I stick to it on some level. |
>> | No. 19682
19682
How do I skip this shit bit and get back on in the post-scarcity era? |
>> | No. 19683
19683
>>19682 |
>> | No. 19685
19685
>>19683 |
>> | No. 19934
19934
Told you. |
>> | No. 19935
19935
>>19680 |
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