The Pomp Letter
The Pomp Letter
Bailouts Are Proof That Companies Are Looking For The Idiot In The Room
0:00
-5:31

Paid episode

The full episode is only available to paid subscribers of The Pomp Letter

Bailouts Are Proof That Companies Are Looking For The Idiot In The Room

To investors,

There are a lot of companies looking to the United States government to bail them out of the dire financial position that they are in. Many of these businesses were always aware that a recession could occur, so they were hopefully prepared for 10-30% drops in revenue. The extreme preppers would plan for maybe 50% drops in revenue.

The pande…

This post is for paid subscribers

The Pomp Letter
The Pomp Letter
Pomp's daily newsletter analyzing the business, finance, and technology industries. Join 255,000 subscribers by signing up below.