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by jeffdavis
2286 days ago
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I think the general consensus is that it's fine for bad companies to go under. But we have a situation here where a lot of reasonably good companies could go under just because of the social distance on a global scale. The 2008 crunch was almost purely financial. Let's get past this pandemic and then see where the businesses shake out financially. |
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They put themselves in this position by being fiscally irresponsible in order to pump and dump their stock. They should be held responsible by experiencing the joys of bankruptcy.