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>They don't need months or years of runway. Obviously they do if they're demanding bailouts. That's three times in the last 20 years that the federal governmen
by freehunter 6y ago
>They don't need months or years of runway.
Obviously they do if they're demanding bailouts. That's three times in the last 20 years that the federal government has had to bail out "too big to fail" businesses... airlines in 2001, banks/automakers in 2008, and everything in 2020.
Like mbrameld said, the only reason they don't have runway is because the government will bail them out.
- ouid 6y agoIf the federal government is actually the implicit insurer of these companies, then the federal government should be collecting premiums.