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All the industries they are looking at bailing out already are huge political donors: airlines, oil & gas, etc. These industries have already priced in that th
by skrtskrt 7y ago
All the industries they are looking at bailing out already are huge political donors: airlines, oil & gas, etc.
These industries have already priced in that they can do whatever the hell they want, completely fall apart and they will get bailed out.
They know that:
1. They are needed, or seen as needed by politicians
2. The appetite for true nationalization of industries is extremely low in the US, so they will get bailed out instead of taken over by govt.
- kazagistar 7y agoThe oligarchic control over power is something that can change very very fast.
- gentleman11 7y agoIf it can change very fast, it’s not real power