RSS Bot@lemmy.bestiver.seBM to Hacker News@lemmy.bestiver.seEnglish · 2 days ago$2.5T has been wiped from US stocksfinlaws.substack.comexternal-linkmessage-square36linkfedilinkarrow-up1185arrow-down11file-text
arrow-up1184arrow-down1external-link$2.5T has been wiped from US stocksfinlaws.substack.comRSS Bot@lemmy.bestiver.seBM to Hacker News@lemmy.bestiver.seEnglish · 2 days agomessage-square36linkfedilinkfile-text
minus-squareZos_KialinkfedilinkEnglisharrow-up3·19 hours agoIn this analogy, it’s like tech companies agreed upon valuing apples at 200$ a pop while the apple trees aren’t even planted. So, yeah, this money never existed.
In this analogy, it’s like tech companies agreed upon valuing apples at 200$ a pop while the apple trees aren’t even planted. So, yeah, this money never existed.