Of concern to you?

Other discussions not related to the Permanent Portfolio

Moderator: Global Moderator

Post Reply
User avatar
Executive Member
Executive Member
Posts: 4561
Joined: Fri Apr 12, 2019 8:56 pm
Location: Massachusetts

Of concern to you?

Post by vnatale » Fri Sep 18, 2020 12:33 pm

Is this of concern to you?

I was shocked by what seems to be obscene amounts of debt for these companies!


In the boom years before the pandemic, the Fed encouraged S&P 500 titans to binge on trillions in debt, now the central bank is propping them up to avoid an economic catastrophe.

https://www.forbes.com/sites/antoinegar ... f3dd3c7a1f

Capture.JPG (82.78 KiB) Viewed 59 times
In some ways, it seems, the Fed’s actions are tantamount to trying to cure addiction by increasing the dosage of the very substance the addict is abusing.
"I only regret that I have but one lap to give to my cats."
Post Reply