News for hackers. Stuff that matters.
Re:Federal Reserve pledges asset purchases with no limit to ... by airstrike on Monday March 23, 2020 @11:22AM (#22664939)
Also want to point out that if companies can't afford their expenses, they'll stop paying rent (usually a huge expense and one that is fairly easy to stop paying while still occupying the real estate)

Then landlords can't pay their expenses, and will default on their own payments

This trickles up all the way to the banks and could result in their insolvency, which is what the Fed is (rightfully) trying to prevent

Re:Federal Reserve pledges asset purchases with no limit to ... by hamiltont on Monday March 23, 2020 @12:36PM (#22665676)
In my industry (software), rent is typically peanuts compared to payroll
Re:Federal Reserve pledges asset purchases with no limit to ... by airstrike on Monday March 23, 2020 @01:38PM (#22666494)
Indeed. Payroll will also be significantly affected even in "rent-heavy" industries

https://www.wsj.com/articles/ge-to-cut-aviation-workforce-as...