There are many terrific analyses of the WeWork IPO filing out there. One thing I have not read is someone pointing out how there is a possibility that this all works, despite the hokum language and the eye popping capital requirements, simply because we have created $3 trillion more dollars in the US alone (with equally massive central bank money creation in Europe and in China). On my blog I have been complaining about valuations as far back as I can remember but when interest rates approach...
