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A comment on Neiman Marcus files for bankruptcy. Parent comment

Re:Neiman Marcus files for bankruptcy by jackcosgrove on Thursday May 07, 2020 @07:21PM (#23109541)
That would seem to increase risk of loss system-wide though.

I'm not arguing what you're saying is untrue as that appears to be what is happening. I'm arguing this behavior is irrational. If investment opportunities decline, investment should decline and sitting on savings should increase.

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Re:Neiman Marcus files for bankruptcy by alexpetralia on Friday May 08, 2020 @06:13AM (#23113136)
Unless you literally put your cash under a mattress, savings _is_ investment (e.g. bank deposit being lent out, money market funds invested in corporate paper, Treasury holdings, etc.). The savings is always "held" (invested) in some form of an asset, not cash under the mattress.
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