A million dollars can do nothing or harm in unimaginable ways.
A million dollars can do nothing or harm in unimaginable ways.
38 comments
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The solution is gonna be oldest in the book: layoffs.
The guy donates to the president and attends the inauguration, empowering a dangerous and irresponsible man. The president screws up the economy. And who ends up paying for it? Not Tim Cook but the employees.
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I wonder if these companies are going to use their hitsquads to handle the situation or if they know something the entire world doesn't...
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He spent a million dollars to curry favor with the man who's going to control a lot of their interests for four years.
I think the shareholders would agree that its a good bet.
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The shareholders who, as a whole, just lost $250B? You think?
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Let's be honest, if Apple didn't pay that $1m then the shareholders would still have lost $250B. $1m is nothing in this.
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I try not to.
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Yes, hindsight is twenty-twenty, there was speculations about how Trump would implement the tariffs before he did it, and before it could be seen as taking the necessary steps to prevent the tariffs that Apple would be affected by, and bow it can be seen as it could have been worse.
As for loss of stock value, as long as the shareholders don't sell out of panic, they still have the shares and can recover their losses if the share price goes up.
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for four years
Someone's an optimist.
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"Trade wars are easy to win!" - some fucking jackass
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250 billion ... so far
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Losing 250 billion in market value is not equivalent to losing 250 billion in cash. You only lose money in stock trading when you sell at a loss.
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Unless you've used that stock as collateral for a loan, which billionaires love to do, because they always assume stock goes up and future them will pay the bill with less stock than today them would have to pay.
But woe be unto them if stock go down enough.
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The thing that constantly boggles my mind is that Trump could have extorted $50 billion out of the Saudis on Inauguration Day 2016.
I mean, Team Rocket could have figured that scam out.
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Imagine wanting to save 2% a year in taxes so you light your business of fire
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Some great investment opportunities coming over the next several months, good luck everyone.
38 comments