LogFAQs > #972102147

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Topic	Crypto is about to collapse. "Stable" coin USDC is now worth $0.91
coolguyjimmy 03/11/23 11:39:47 AM #28:	The stock market is increasingly populated by intangible companies. Some *40%* of public stocks quoted in the U.S. have negative tangible book value, meaning that their tangible assets arent worth enough to repay all their debt. Two decades ago, this was only true of 15% of companies, according to Vincent Deluard of INTL FCStone Inc., who has carried out intensive research on the subject. (https://www.bloomberg.com/) <cite>coolguyjimmy posted [p:972102147] in Crypto is ... [t:80375687]...</cite> <quote>The stock market is increasingly populated by intangible companies. Some 40% of public stocks quoted in the U.S. have negative tangible book value, meaning that their tangible assets arent worth enough to repay all their debt. Two decades ago, this was only true of 15% of companies, according to Vincent Deluard of INTL FCStone Inc., who has carried out intensive research on the subject. (https://www.bloomberg.com/)</quote> ... Copied to Clipboard!
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