The End of a 14-year Bull Market
The David McWilliams Podcast
00:00
Is There a Silver Lining in an Office?
The credit bubble and the credit extraordinarily easy money created zombie companies. The tech companies couldn't exist without the subsidy that is... Cheap money. And giving stock options to their punters, even though they don't have any stock. So these are the A-listers of Silicon Valley - but what about all the D- listers and C-listers and E-listers? Because what? Is that not so much tech?"
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