Re:Tesla and Panasonic freeze spending on $4.5B Gigafactory
by appleiigs on Thursday April 11, 2019 @09:36AM
(#19634320)
There is still a house and ship being built at the end of it. Money and markets are just an abstraction of the physical work. Just like when i write in python - at the end, there is physical work being done in memory and cpu hardware. Money and markets allocate capital and no economist suggests otherwise.
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Re:Tesla and Panasonic freeze spending on $4.5B Gigafactory
by JetSpiegel on Thursday April 11, 2019 @09:03PM
(#19640948)
Derivatives, securities and other finacial "products" have no physical backing, they are purely abstract concepts. They don't even exist on paper now, just intangible bytes.