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Also, when a shell startup goes bankrupt, the biggest creditors are the banks that they took the loans from. By that point, the money which was loaned by the ba
by cryptica 7y ago
Also, when a shell startup goes bankrupt, the biggest creditors are the banks that they took the loans from.
By that point, the money which was loaned by the banks entered the financial system through executive's and investor's bank accounts (since they get huge bonuses and returns on their investments) and inflated away regular people's buying power (especially real estate markets).
This inflation is felt by everyone and it's like stealing.