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The real problem is that these corporations are brittle. The Fed is bailing out innefficent corporations once again under the same pretext as last time. I recal
by cryptica 7y ago
The real problem is that these corporations are brittle. The Fed is bailing out innefficent corporations once again under the same pretext as last time.
I recall that the government promised its citizens back in 2008 that it would be the last time and now look, only 10 years later, same story; more bailouts and all corporate executives get to keep their jobs too.
The US today is more communist than China.
The US tends to make fun of China's government for still calling themselves 'communists', but now the tables have turned and I wouldn't be surprised if China starts to make fun of the US for calling themselves 'capitalists'.