Re:Federal Reserve pledges asset purchases with no limit to ...
by mistermann on Monday March 23, 2020 @02:11PM
(#22666873)
> “We are talking about companies with plenty of assets and strong businesses”.
We are also talking about companies with specious "assets" and incredibly fragile businesses.
> Should we let clearly creditworthy companies go bankrupt because the credit markets are temporarily closed?
No, but they are not all creditworthy. Do you happen to know the ratio between the two? It seems to me that is a rather important data point that a logical person should be examining as part of their decision making process.
We are also talking about companies with specious "assets" and incredibly fragile businesses.
> Should we let clearly creditworthy companies go bankrupt because the credit markets are temporarily closed?
No, but they are not all creditworthy. Do you happen to know the ratio between the two? It seems to me that is a rather important data point that a logical person should be examining as part of their decision making process.