Sunday, December 15, 2024

Tag: No Bailouts And YES I MEAN IT

Sorry, No Empathy, No Bailouts And YES I MEAN IT

    0

    by Karl Denninger, Market Ticker:

    Oh but so many climate-related firms are going to fail to make payroll!  – Any one of a thousand Internet scolds.

    My answer: So what?

    Next up – Republic, which apparently had lines out the door (if you believe the Internet) on Saturday.  Again: So what?

    Folks, bubbles attract stupidity.  Stupidity is a constant in the universe; in fact it is likely the only thing that is truly infinite (with all due respect to the late Mr. Einstein.)