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I live in Boston, MA, and I have not shopped at a Wal-mart except when I was in China. I'm quite optimistic that other supermarkets will be able to fill its sho
by btian 13y ago
I live in Boston, MA, and I have not shopped at a Wal-mart except when I was in China. I'm quite optimistic that other supermarkets will be able to fill its shoes if Wal-mart were to fail.
Perhaps Wal-mart is not a good example. My point is that when a 25000 employee company in any other industry fails (size of Lehman Brothers when it failed), the ripple is much smaller, and therefore, capping the number of employees is not a good idea. I do agree, however, that TBTF is bad. No entity should be TBTF and hold the country hostage.