[nek]

(12-21-2018 12:35 AM)The Black Knight Wrote:  

1. Entire sectors like the tech sector for example, basically can't function without access to cheap debt. Anyone who has worked in tech can tell you about the many joke companies that still exist with tons of revenue but haven't been profitable for years. That bullshit can only last in a world with cheap debt. Silicon Valley culture has been drunk for long time on keeping alive non-sustainable business models. A reckoning is coming.

If they have tons of revenue, what's causing them to not be profitable? Operating expenses just too high?