Econ 101 also states that a failed business stops existing. In reality, failed businesses are endlessly bailed out as “too big to fail” and they pay their executives bonuses with that bailout money while continuing to rip off customers along with the other one or two companies in the same industry that do the same.
hark@lemmy.world 3 days ago
Econ 101 also states that a failed business stops existing. In reality, failed businesses are endlessly bailed out as “too big to fail” and they pay their executives bonuses with that bailout money while continuing to rip off customers along with the other one or two companies in the same industry that do the same.