Race Against the Clock? Is anyone worried about the state of global economy and how another recession could bury S7? Or would that help? I mean indicators are showing another recession soon, Feds cutting interest rates, leading hedge funds turning bullish on gold, tensions in Iran. Seems it is only a matter of time maybe this next quarter... maybe 4th quarter 2020. Who knows.
I am not a basher of S7. I actually have and have had a large position for a couple years now.
I just want to look at this from all angles. I know the up front cost saving and long term cost savings of S7 chip enabled cables... but let’s say another recession does hit and the $250 trillion global debt bubble does pop... it will go fast.
Do you see these DC implementing S7 cables or just doing everything they can to stay afloat? Will these companies have the money to back S7 through another PP or will they disappear? I understand this is worse case scenario but I think it needs to be discussed.
Any opinion is welcome and let’s be decent to one another. this is all my opinion and hopefully it won’t happen but it is a race against the clock at this point.
Thank you.