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That doesn't include their innumerable contractors and suppliers, spread out across the country. In many cases these are the major employers in that region and
by lupusreal 2y ago
That doesn't include their innumerable contractors and suppliers, spread out across the country. In many cases these are the major employers in that region and their collapse would trigger the collapse of that whole local economy. The economic harm of the big MIC companies going kaput would be immense.
- JumpCrisscross 2y ago> their collapse would trigger the collapse of that whole local economy Yes, but why would they collapse? General Motors also had a web of suppliers when it went bankrupt. Preserving the value of a struggling company while it reörganises is why we invented modern bankruptcy.