14 pts · March 23, 2013
Living life and building awesome websites in this wild world.
This is awesome. Great work
Great work! Keep it up.
Genuine question: even though many stock prices are dropping, isn’t there a strong chance this would all end up benefiting billionaires and corporations in the long run? Like, couldn’t they just use their cash reserves to buy back their own stock at these lower prices, increasing their equity and profiting even more as the market recovers longterm? Everyone seems to assume corporations are upset about this… maybe it’s just giving them another opportunity to take advantage of people.
This is awesome. Great work
Great work! Keep it up.
Genuine question: even though many stock prices are dropping, isn’t there a strong chance this would all end up benefiting billionaires and corporations in the long run?
Like, couldn’t they just use their cash reserves to buy back their own stock at these lower prices, increasing their equity and profiting even more as the market recovers longterm?
Everyone seems to assume corporations are upset about this… maybe it’s just giving them another opportunity to take advantage of people.