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E24: Markets trend down, political manipulation via COVID “Zeroism," stimulus breakdown, biological Patriot Act
All-In with Chamath, Jason, Sacks & Friedberg
The Spack Market Has Taken a Real Beat
The cost of borrowing for a company goes up. What that's really saying is the investor that's lending them the money has other alternatives, and so then they're willing to charge you more. And as that happens, you'll see some companies get into, potentially some real trouble,. They 're going to be borrowing money at rates where they can't necessarily generate the cashfulls in the future to pay those things back. At the same time, as you said, if you look it sort of like, you know, the spack market has taken a real beating. Ah, whater. What are spacks really? Well, you know, in many ways, spacks are
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