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"Never let a good crisis go to waste." The proposed backdoor nationalization of companies via bailout wasn't discussed. Proposals include mandatory board posit
by aww_dang 7y ago
"Never let a good crisis go to waste."
The proposed backdoor nationalization of companies via bailout wasn't discussed. Proposals include mandatory board positions for workers, increased minimum wages and other regulations which will make already failing companies uncompetitive.
It isn't difficult to imagine how this would lead them to ask for further bailouts. At which time, further government intervention would be proposed.