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There is a third way: bailouts are conditioned on the public or workers getting ownership stakes.
by pbourke 7y ago
There is a third way: bailouts are conditioned on the public or workers getting ownership stakes.
- markkanof 7y agoAgreed. Or an additional option is to let businesses fail. The value of a viable business doesn't instantly go away just because they are insolvent. Let another better managed company buy up the failed company.