Posted on 07/18/2017 10:55:20 AM PDT by PPSman
There is an incredible number of nouveau high tech firms that are experiencing huge losses. Uber lost $2.8 billion last year.
The firms are able to sustain these losses because of the remarkable Federal Reserve money printing. If the Fed wasn't printing money the way they are now, there is no way the funds would be available to support these losses.
Here's a look at the money the Fed has pumped into the system since the 2008 financial crisis:
(Excerpt) Read more at economicpolicyjournal.com ...
Free money for everyone!!!!
The only reason Elon Musk has survived and prospered is the feds supplying huge cash incentives on every car he sells....
This is all true. Yet I read that Yellan is just now claiming that debt is unsustainable. Why didn’t she concern herself about it years ago?
Before it was housing. This time around the U.S. Federal Reserves house of cards, or if you prefer the Bernanke-Yellen house of cards, is the stock market.
What is just as telling is that a firm like Goldman Sachs still even has a business or a reputation after they betted against the same mortgage backed securities they sold.
“Uber lost $2.8 billion last year”
And now Obama has a finger in the Uber pie
With one of his “Ploufters” David Plouffe at the wheel of Uber
Talk of Obama being CEO
So for sure Uber will make less money as Obama skims off millions so his wife can buy a stripper pole for their little twerker Malia
Netflix has a $6,000,000,000 (that’s BILLION) investment in original programming (shows/movies). However, they had $10,000,000,000 (again, that’s BILLION) in revenue last year. That’s a + of $4,000,000,000 (again, B). So, where’s this free money you’re talking about for Netflix? I don’t see it. They are expanding in other countries, and have 100,000,000 (that’s an M) subscribers, or one of every three people in the US.
Because a democrat was president.
Did I say something about free money? Just said their PE multiple is insane. Millions. Billions. Trillions. All depends on how many shares are outstanding.
You’re not counting license fees they pay for the stuff they aren’t making, which chews up most of that $4 billion. Netflix is all built around the “make it up in volume” market, but their margin ain’t that great and their stock price is out of whack if you’re trading based on dividend.
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