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by usrusr 995 days ago
But how many businesses that might have been profitable just fine and that will be wanted/needed at one point have disappeared or just never happened because their market was killed by one of those post-profitability unicorns high on ZIRP-fueled market cap? Up to what point is it still market capitalism and where does it become barely more than an elaborate hoax benefiting those who lack neither collateral nor the will to leverage?