I don’t concern myself with the problems of corporations unless the government gets involved. The market will take care of that. The price of oil has been at an artificial high spiral for more than a decade. This the correction and some companies might not survive....that’s the market. What will be left is the companies who can exist at the market level. Oil futures traders are in for a bad run....that’s a good thing. Actual producers will survive...albeit with less profit...That’s the way capitalism works!!!
They sell short and long. There is money to be made (and lost) in a falling market, no different than a rising one. The market that starves a trader would be a steady, unchanging market, high or low.
There was a time I’d agree with you, but we’re not in that kind of market right now. We are in a place where “wars” not only take place on a battlefield, but with drones, cyber attacks, and economies.
Gone and lost in a deep black whole of the internet are the events that lead up to the market crash of 2008. Everyone was so distressed by our own market crashing...nobody ever really heard that huge sucking sound about 72 hours prior to the crash.
I understand capitalism.
The problem is that we rarely let capitalism work much any more.
Time will tell.