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And if Tesla goes under or faces some troubles, or for whatever reason decides to close down shop, since everyone's income is nearly perfectly correlated the ci
by airstrike 6y ago
And if Tesla goes under or faces some troubles, or for whatever reason decides to close down shop, since everyone's income is nearly perfectly correlated the city collapses all at once and the entire population is now unemployed
- RhodoGSA 6y agoDefinitely amplify's risk for sure. If the company went under, your whole county would go under and the government is not likely to bail them out like they would a city who had too much debt. Since you may even purchase your house on the company land, you could quite literally lose everything. Again, if the population thrives the amount of space is hyper-limited. I don't know if there'd be gentrification per say, since it'd be gentrified from the start but the populace would grow fabulously rich off both stock in the company, increased land value and general prosperity for your entire community. It also changes the incentive structure. You want you company to thrive, so your can community to thrive and vice versa.
- alfiedotwtf 6y agoAnd Tesla being car company is the best example of this - Detroit and it’s deterioration since the fall from GM and Ford’s highs