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> Massive investments have been made. If somebody buys Intel foundries now, they pay one dollar and take debt + subsidies. Intel can write off the debt but don
by consp 2y ago
> Massive investments have been made. If somebody buys Intel foundries now, they pay one dollar and take debt + subsidies. Intel can write off the debt but don't get potential rewards.
You are describing the start of the Vulture capitalist playbook for short term profits and dividents right there, take subsidies and loans and sell everything to pay dividents (or rent back to yourself via a shell company) then let the remaining stuff die and sell of for an aditional small profit. Don't know how it works here but it sure sounds like it.
- nabla9 2y agoI'm describing massive investment to fundamental manufacturing infrastructure. Deprecating that capital expenditure takes long time. Exact opposite of vulture capitalism and short determinism. > Don't know how it works here but it sure sounds like it. Thank you for being honest and saying that you are describing how things you don't understand sound for you.