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If saving money for a rainy day is never going to be a top priority, then going bankrupt should be an option. I think what's frustrating for me is that under t
by aNoob7000 7y ago
If saving money for a rainy day is never going to be a top priority, then going bankrupt should be an option.
I think what's frustrating for me is that under these circumstances, there will be a lot of individuals and small businesses that will go under because they didn't save enough for a rainy day, but if your big enough, we have to save you.
- Justsignedup 7y agoThis is exactly the point. There is never a reason to save if the government will always bail you out. If you are forced to save because not saving could mean certain company death, you will save. And make sure you have a two year runway if zero business is happening. But with the bailouts the companies are rightfully maximizing shareholder value. The bailout should directly go to displaced workers and supporting them. It'll directly stimulate the economy and correctly punish the company got fucking itself.