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/biz/ - Business & Finance

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>> No.19769194 [View]
File: 175 KB, 962x644, powell addressing congress.jpg [View same] [iqdb] [saucenao] [google]
19769194

>>19769103
my condolences

>>19769106
the market and economy aren't worthless. However, companies which will declare bankruptcy as soon as the government stops providing them loans are worthless. They cannot support themselves, and their shares are only being bought in the hope that some greater fool will buy them before they are worthless on paper too. 20-30% of the market is basically Hertz right now, only they haven't filled in the bankruptcy paperwork.

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