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Without gov help Ford and GM would have gone bankrupt also. Not to mention the space industry entirely.
by rapsey 2y ago
Without gov help Ford and GM would have gone bankrupt also. Not to mention the space industry entirely.
- adwi 2y agoThat doesn’t mean they’d have ceased to exist. Likely shareholder equity would be wiped out and they’d reorganize. Isn’t the whole deal that investors get the upsides for taking the risks on the down?