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Re:Stock buybacks are dangerous for the economy by xkjkls on Tuesday March 17, 2020 @02:54PM (#22608711)
The greater problem is that corporations run themselves incredibly cash light. The American consumer is encouraged to keep an emergency fund, but American corporations seem to be completely panicked in every crisis, often then requiring government assistance.
Re:Stock buybacks are dangerous for the economy by rland on Tuesday March 17, 2020 @06:02PM (#22610988)
And why should they do otherwise? They're bailed out every time things go south.
Re:Stock buybacks are dangerous for the economy by xkjkls on Tuesday March 17, 2020 @06:03PM (#22611009)
And that's the problem. We need to find ways to solve the moral hazard, and also insure that economically necessary industries have necessary restrictions so that they can survive downturns.