Leveraged Buyout Of The United States.
This is why U.S. can print its way out of any crisis.
In 2016, I wrote in Forbes why Twitter should better change to become a public good — a paid announcement tool of sorts for the prominent only. The question I tried to answer was simple: is Twitter’s user base (and hence revenue line) inherently limited to affluent people with some form of a media exposure and a desire to be heard? With Twitter’s share price near its all-time lows, despite three years of Jack Dorsey’s magic, reinventing Twitter, I suspect that question is still relevant.
Twitter is an excellent medium. I am not suggesting it is going away, of course. But it is also representative of a generation of businesses that came to be after 2007 meltdown; companies propelled by QE-drunk world. The 07 crisis ushered the world into an era of easy money. We’ve just lived through a decade of the most hated bull market in history, and it was hated for a reason. The growth was not based on fundamentals but debt. Money became cheap, leverage was easy. That is, money was easy but only for the already affluent elite.
