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Is Apple "too big to fail"? What's the equivalent of a "bank run" for a tech company? Is an Apple failure likely to cause a Great Recession or Great Depression?
by throwaway894345 3y ago
Is Apple "too big to fail"? What's the equivalent of a "bank run" for a tech company? Is an Apple failure likely to cause a Great Recession or Great Depression? To be clear, I'm not defending "too big to fail" banking policies; I just don't see how that applies to Apple.
- varispeed 3y agoMaybe I used wrong idiom, what I am trying to say is that Apple has too much power and this is bad for economy, because it reduces competition (as in they can buy any business they deem useful or destroy any they see as a threat).