stock market crash

[Old Greg]

I read that one. Best line (although don't think this article, some other FT article), "On the stock market, Hertz had their best week since declaring bankruptcy."

Nothing like a fire sale. Used Car Sales | Dublin, Cork, Blarney & Dun Laoighaire | Hertz Car Sales

[AtW]

Worst thing with with big debt is that existing shareholders will be wiped out in favour of debt holders.

Oh wait...

[BlasterBates]

Why Wall Street is addicted to Federal Reserve cash

So should the Fed just simply let the companies go to the wall and engineer a depression with an even higher unemployment rate, so that short sellers can make a quick buck?

Does it really make sense to let airlines go bankrupt and to turn the commercial airline fleet into saucepans ?

What would happen if you've broken up all airlines trashed all their planes to pay off creditors and then corona virus goes away?

[DimPrawn]

So should the Fed just simply let the companies go to the wall and engineer a depression with an even higher unemployment rate, so that short sellers can make a quick buck?

Does it really make sense to let airlines go bankrupt and to turn the commercial airline fleet into saucepans ?

What would happen if you've broken up all airlines trashed all their planes to pay off debtors and then corona virus goes away?

So privatise profit and put debt on the public purse?

Free market anyone?

[BlasterBates]

So privatise profit and put debt on the public purse?

Free market anyone?

The alternative is to throw 30% of the population out of work and give them nothing.

Would you be happier with a lower tax rate and no job ?

[BlasterBates]

The last time the Fed bailed out the economy the tax rates didn't go up.

[DimPrawn]

The alternative is to throw 30% of the population out of work and give them nothing.

Would you be happier with a lower tax rate and no job ?

So an economy based on endless QE, zombie bankrupt companies, and fake jobs funded from higher and higher taxes.

[LondonManc]

Don't ask you to judge me on my winners, I ask you to judge me on my losers because I've had so few. Feel better about me now?

I have no feelings about you whatsoever, barring what AtW has said. If you promised to flounce, you should go.

[BlasterBates]

So an economy based on endless QE, zombie bankrupt companies, and fake jobs funded from higher and higher taxes.

You need to checkout what happened in the 1930's because that is the alternative. Would do really want to spend your afternoons at the local rubbish heap ?

If you withdraw funding then you'll destroy a lot of healthy companies in addition to any zombie companies.

[BlueSharp]

So an economy based on endless QE, zombie bankrupt companies, and fake jobs funded from higher and higher taxes. borrowing so much future generations will be spending all their tax on servicing debt

FTFY