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The greater problem is that corporations run themselves incredibly cash light. The American consumer is encouraged to keep an emergency fund, but American corpo

by xkjkls 7y ago

The greater problem is that corporations run themselves incredibly cash light. The American consumer is encouraged to keep an emergency fund, but American corporations seem to be completely panicked in every crisis, often then requiring government assistance.

rland 7y ago
And why should they do otherwise? They're bailed out every time things go south.
- xkjkls 7y ago
  And that's the problem. We need to find ways to solve the moral hazard, and also insure that economically necessary industries have necessary restrictions so that they can survive downturns.