By thestranger.com on March 28, 2019
There are two things that make it very clear that the next major crash of markets in the US will be caused by a bubble currently caused by a buyback bonanza. One, the real danger of this practice has not been properly appreciated by mainstream media. Two, it has reached a scale (or size) that can be described as much too big to fail. In 2018, buybacks, a mechanism that transfers profits to stockholders by...