This crisis is likely to lead to long-term changes in patterns of economic activity - in which case the government will waste money bailing out lame ducks, while at the same time weakening the recovery by hindering the reallocation of resources etc.https://www.telegraph.co.uk/business/2020/04/04/treasury-plans-take-emergency-stakes-corporate-casualties/ …
Als antwoord op @RichardWellings
Why buy shares in a company when it could even buy debt instead? What is gov trying to achieve? It could wake up with our cash wiped out while bondholders sail through
14:26 - 4 apr. 2020
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