Comment by ortusdux
4 hours ago
Everything that is happening in the US screams short term thinking. It feels like the scramble after a leveraged buyout.
4 hours ago
Everything that is happening in the US screams short term thinking. It feels like the scramble after a leveraged buyout.
Funny that you mentioned an LBO, which is a strategy that requires long term success to succeed.
Currently the biggest US companies are throwing hundreds of billions into an uncertain bet that may pay off in a decade or so while everyone around is screaming "bubble" at them.
It looks like long term risky bet on new technology to me - exactly what you want those rich capitalist do.