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I see a lot of comments about nationalization but I don’t think that is the American way. There should be a range of regulatory/policy actions that could be ta
by gessha 3y ago
I see a lot of comments about nationalization but I don’t think that is the American way.
There should be a range of regulatory/policy actions that could be taken with nationalization being the most extreme.
Just like the banks are regulated by FDIC so can be Boeing. They’ve done great things before and they can do it again. You “just” need to figure out the right incentive structure.
If regulating it doesn’t help, throw some billions into establishing a new Boeing, the US has a history of establishing new industries based on national priorities- most recently with the space industry, before that was the semiconductor industry, etc.
- notatoad 3y ago>Just like the banks are regulated by FDIC so can be Boeing that's a good example, because when the FDIC runs out of regulatory measures it can apply to correct a problem, they have the option of nationalizing a bank to reduce the harm that can be caused. like we saw happen this spring with SVB. In that case nationalization isn't like argentina, which everybody in this thread seems ot be jumping to. it's a corrective measure to prevent a collapse, where the government takes over keeps things running until the assets can be sold or otherwise transitioned to owners who will handle them better.