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A focused study group for the discussion of economics and economic policy.
32023 Members
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© 2020 Relevant Protocols Inc.
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For a decade, chief executives of the world's largest companies welcomed Fed-sanctioned debt on their balance sheets and made themselves and their shareholders rich. Covid-19 has turned the strategy into an addiction.
For a decade, chief executives of the world's largest companies welcomed Fed-sanctioned debt on their balance sheets and made themselves and their shareholders rich. Covid-19 has turned the strategy into an addiction.
I have seen many companies turn junk within years, when I came from Israel to India in 2006 I thought Suzlon to be next best energy company to invest-in, now it's junk. This article gives some amazing perception into how a blue-chip can turn into Junk with some wrong decisions.
I have seen many companies turn junk within years, when I came from Israel to India in 2006 I thought Suzlon to be next best energy company to invest-in, now it's junk. This article gives some amazing perception into how a blue-chip can turn into Junk with some wrong decisions.
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