junk debt
2 statements across 2 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement Apr 11, 2020 by Chamath Palihapitiya · across every show →
Everything said about junk debt, oldest first
Apr 11, 2020 bearish
Chamath: Fed buying $500B in junk debt does not help the economy
“In this way, you know, you could spend five hundred billion dollars buying a bunch of junk debt. I really don't see as a reasonably, you know, savvy participant in the markets how it actually helps anything. I think all it does is it saddles you and me and all…”