Hacker News new | ask | show | jobs
by maoistinquisitr 2963 days ago
It's not reinvested capital. It's highly leveraged funny money from a decade of ZIRP.

And this isn't really a "tech" problem at this point. The "real" economy is full of huge companies that are barely making any money, but are racking up debt and revenue. This article goes into how the same thing is playing out in the agriculture sector.

http://archive.dailywealth.com/3602/the-real-trouble-with-bi...