AltcoinTraderNy t1_ja709ks wrote on February 27, 2023 at 8:42 AM

Reply to comment by technoexplorer in All these recent comparisons to historic charts and other data on recessions and crashes - something more puzzling sticks out to me… by TheyPromisedMePie888

If these firms expect a serious recession they would be hoarding cash like anything

technoexplorer t1_ja7fitr wrote on February 27, 2023 at 12:10 PM

Eh, why? Upper management gets paid with the buybacks or with dividends. Who cares about the workers? Heck, if the recession lasts 20 years then we bump into the 20 year rule, which states that anyone in a decision making capacity doesn't care about anything that impacts their company after 20 years because they will have retired by then. There's a chance that they will never need the cash to grow again.