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by mschuster91 2273 days ago
> or be able to raise it in the debt or equity markets

The debt/equity markets are beyond fucked at the moment. Relying on them is what led the financial industry to the 2008 crisis and it certainly won't be a good idea to rely on them in future pandemics.

> Fair weather capitalists.

The entire point of governments in a capitalist system is to deal with stuff that is too big for companies and individual people to handle - which a pandemic certainly is.

1 comments

The markets are liquid, the government is making sure of that. They might not have the pricing that companies think they deserve, but such is life.