Lessons from 2008

Discussion in 'Wall St. News' started by dealmaker, Mar 31, 2020.

  1. dealmaker

    dealmaker

    Lessons from 2008

    The financial crisis of 2008 brought huge waves of high profile bankruptcies—and the fall-out from coronavirus could be even worse. Across the U.S., bankruptcy lawyers are preparing for an "onslaught", and with government bailouts only helping some businesses, a better-prepared bankruptcy system may be the best option many companies have. Fortune
     
  2. I mean, the situation in every crises is different with very few exceptions. The way each situation is delt with is the same. Government intervention to bailout corps will not end any time soon. They will always be there to lend out some helicopter money, even though these funds and corps are always using share buybacks with their cash flow to wealthy their biz execs. They will always do the same thing. Some litigation is required if we want to see any change in this, but other than that, it will never change. What we can learn from this crisis how ever, is that we are not prepared for an outbreak. Nothing more, nothing less. The people will harshly learn however, not to go on cruise ships, until they forget it 10 years later....we can't help it...
     
    murray t turtle likes this.
  3. dozu888

    dozu888

    I have already explained this before.

    bail outs are good for EVERYBODY. you think the slaves rather have their bosses go under so they can line up in the soup lines?

    the slaves want to eat better than soups;
    the bosses want the slaves out of the soup lines so they can be in factories and cubicles producing goods and services.

    and don't fall into the 'buy back is bad' trap... if not buy backs then the reward would be dividends... not much difference.
     
    qlai and murray t turtle like this.
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    I can see why some would enjoy cruise ships, + Ted Cruz-- but i look @ cruise ships like the Titanic.
    And we should do it like Singapore= low taxes/low tariffs.And instead of wasting so much gov money on airlines + NPR+ nonsense; Singapore payed by the day, about 73 Singapore dollars..................................................................................................:caution::caution::caution::caution::caution::caution::caution:
     
  5. ironchef

    ironchef

    With dividends, USG takes a cut and share the "wealth". Buyback not until you and I sell our stocks. Most time if we pass them to heirs, there is a step up and no taxes paid.
     
  6. dozu888

    dozu888

    which goes with what I been saying them buy back haters are losers living in moms basement waiting for USG hand outs.