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I'll add a separate comment, because I don't feel I specifically addressed your observation that Boeing can go bankrupt, split, etc. Boeing is today, the congl
by dv_dt 3y ago
I'll add a separate comment, because I don't feel I specifically addressed your observation that Boeing can go bankrupt, split, etc.
Boeing is today, the conglomeration of previous companies that did become distressed enough to be consumed or split and acquired. That actually exacerbated the systemic problems of the current Boeing. So this idea that private enterprise can't accumulate systemic issues seems like an optimistic concept that is invalidated by Boeing's current circumstances.