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Digitalescapetools@sh.itjust.works

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Absolutely No Bailouts! (sh.itjust.works)

submitted 1 day ago by Digitalescapetools@sh.itjust.works to c/digitalescapetooks@sh.itjust.works

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[–] neidu4@piefed.social 14 points 1 day ago (1 children)

Not really. The shareholders will experience the pain, but the company probably wouldn't, as their liabilities are rarely tied to share price.

[–] lemonhead2@lemmy.world 8 points 1 day ago (2 children)

that's what I thought. Google losing 50% just means my retirement fund got smaller and there is no downside for google

[–] Madison420@lemmy.world 2 points 11 hours ago

Sorta, stock value is a major selling point and also a means to leverage and/or collateralize loans.

[–] BeardedGingerWonder@feddit.uk 2 points 14 hours ago

Unless you're planning on retiring soon it hasn't really impacted you either. Losses and gains are only realised when the stocks are sold.