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One overlooked reason is the government intervening to save these companies. Either by bailout, lowering rate, special loans, etc… This prevents these companies
by csomar 3y ago
One overlooked reason is the government intervening to save these companies. Either by bailout, lowering rate, special loans, etc… This prevents these companies from going into bankruptcy and restructuring and keeps the status quo as is.
It’s kind of a disguised communism and the longer the government keeps proping the economy (and making it difficult to start new companies), the worse this will get.
- pjc50 3y ago> is the government intervening to save these companies Name some. Many very dysfunctional companies are also very profitable and have no need of outside bailouts. How long has IBM been at it?
- Dracophoenix 3y agoGeneral Electric.
- ace32229 3y agoCorporate socialism it's often called.
- carlosjobim 3y agoWhere's the disguise?