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If startups couldn't make payroll, what do you think would happen here?
by candiddevmike 3y ago
If startups couldn't make payroll, what do you think would happen here?
- refulgentis 3y agoDoes asking this advance the discussion, or is it a passive-aggressive way to continue signalling you believe “seized the bank and sold it, keeping deposits whole” means “SoftBank bailout”?
- renewiltord 3y agoIf you really think about it, it was a bailout of the American people. And that's why it was good and an example of socialist praxis. After all, startups take venture capital money from the rich and spend it primarily on t-shirts and catering - which primarily comes from small businesses who hire local unskilled labour. Marx would be proud of the FDIC for their work.