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What? What do you base that on? Banks may be too big to fail because single bank can affect millions of lives, I doubt you can say the same about one of few pla
by joering2 7y ago
What? What do you base that on? Banks may be too big to fail because single bank can affect millions of lives, I doubt you can say the same about one of few plane competitors. Otherwise we could apply your logic to every fortune 500 corp.
- ceejayoz 7y agoBoeing makes and maintains the Pentagon's ICBMs, tankers, fighters, bombers, satellites, launch vehicles, etc. It's one of the country's most critical national security assets. It also singlehandedly makes up about a half a percent of GDP. https://www.cnbc.com/2019/03/21/boeings-737-max-could-hit-us-gdp-if-production-is-halted-jp-morgan.html https://www.cnbc.com/2019/03/21/boeings-737-max-could-hit-us...
- thrower123 7y agoThey are half of the DoD's aerospace contracts. That's the reason.
- Luc 7y agoI don't think it's that crazy actually. In some far future scenario one could see Boeing going into bankruptcy protection (a lot would need to happen to get to that point), after which the healthy parts like the defense related divisions could be spun off into a new company. I don't think it's likely, but it doesn't seem impossible.