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Mar 12 2020 06:19pm
“But where will the money why come from!!!??” asks the shocked “liberal” media about every program that helps Americans.

Complete fucking acceptance of the Fed printing $1.5 trillion and giving it to the rich today though.

What would you do with $1.5 trillion?
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Mar 12 2020 06:22pm
Quote (inkanddagger @ 12 Mar 2020 20:19)
“But where will the money why come from!!!??” asks the shocked “liberal” media about every program that helps Americans.

Complete fucking acceptance of the Fed printing $1.5 trillion and giving it to the rich today though.

What would you do with $1.5 trillion?

fund the tests for coronavirus for each American. and then use the rest to fund more tests, and sell them to the war-loving borders-hating anti-American members of the EU and CCP at 327x the development cost per test kit
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Mar 12 2020 06:23pm
I guess you are joking, these 1.5 trillions are to fight the caronavirus and to save lives, and it probably include one of this old "war laws" forcing hospitals / doctors to not make profit over it.

Quote (excellence @ 13 Mar 2020 01:22)
fund the tests for coronavirus for each American. and then use the rest to fund more tests, and sell them to the war-loving borders-hating anti-American members of the EU and CCP at 327x the development cost per test kit


we know how it goes when infidels are trying to develop their own test kits

This post was edited by Saucisson6000 on Mar 12 2020 06:26pm
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Mar 12 2020 06:25pm
Those companies really should have kept money saved for a rainy day. It's just poor financial planning.
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Mar 12 2020 06:30pm
That can buy a lot of bootstraps.
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Mar 12 2020 06:46pm
itt: socialist doesn't know the difference between short term repo loans and spending money on social programs

my favorite was hearing the tankies screaming this money should have gone towards student loans. So that instead of low/subsidized interest flexible payment long term forgiveable loans, they'd get between overnight and 3-month max repo loans on collateral that will be seized when they can't pay up.
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Mar 12 2020 06:59pm
Quote (Thor123422 @ Mar 12 2020 08:25pm)
Those companies really should have kept money saved for a rainy day. It's just poor financial planning.


Many companies aren't profitable (yet) and need to finance their operations somehow. If the credit markets seize up and they can't finance operations or service short term debt obligations then they essentially close up and everyone employed there is without a job.

There's a fuck ton of companies that are in this position. Uber, Lyft, Tesla, & many others raise capital either through debt or giving up equity. We HAVE to save these companies otherwise look forward to unemployment rates going to 20% in a few months.
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Mar 12 2020 07:05pm
Quote (ofthevoid @ 13 Mar 2020 01:59)
Many companies aren't profitable (yet) and need to finance their operations somehow. If the credit markets seize up and they can't finance operations or service short term debt obligations then they essentially close up and everyone employed there is without a job.

There's a fuck ton of companies that are in this position. Uber, Lyft, Tesla, & many others raise capital either through debt or giving up equity. We HAVE to save these companies otherwise look forward to unemployment rates going to 20% in a few months.


Wow sounds like a Bernie Sanders speech. We HAVE to save them!
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Mar 12 2020 07:13pm
Quote (ofthevoid @ Mar 12 2020 07:59pm)
Many companies aren't profitable (yet) and need to finance their operations somehow. If the credit markets seize up and they can't finance operations or service short term debt obligations then they essentially close up and everyone employed there is without a job.

There's a fuck ton of companies that are in this position. Uber, Lyft, Tesla, & many others raise capital either through debt or giving up equity. We HAVE to save these companies otherwise look forward to unemployment rates going to 20% in a few months.


If they can't absorb a shock they just made poor financial decisions. We shouldn't reward failure. If the market really wants these companies then they will be remade by smarter people.
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Mar 12 2020 07:22pm
Let em go under. The money should go to small business/people who will be out of the job due to the virus.

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