Comment on Tech industry is in tariff hell, even if refunds are automated
Sturgist@lemmy.ca 3 weeks agoThe big tech doesn’t deserve
to fail.a bail out, but will definitely be getting one.
Comment on Tech industry is in tariff hell, even if refunds are automated
Sturgist@lemmy.ca 3 weeks agoThe big tech doesn’t deserve
to fail.a bail out, but will definitely be getting one.
Kn1ghtDigital@lemmy.zip 3 weeks ago
Hot take: if your company needs a bailout it’s no longer a private company and belongs to people as a public service and is regulated as such.
Sturgist@lemmy.ca 3 weeks ago
I mean… personally? I don’t feel like this is actually that much of a hot take. More of a verifiably good idea.
Chronographs@lemmy.zip 3 weeks ago
That sounds a lot like socialism and we don’t do that in this here land of the free 🦅
zikzak025@lemmy.world 3 weeks ago
And yet the “free” market can’t be trusted to correct itself and fill the gaps if we allow a giant megacorp to fall.
grue@lemmy.world 2 weeks ago
“Pay no attention to the [US government buying 10% of Intel] behind the curtain.”
kiterios@lemmy.world 2 weeks ago
The bailout is the government purchasing shares at about to go bankrupt prices. It’s a reasonable take that isn’t even really a change in the system.
Sturgist@lemmy.ca 2 weeks ago
See…that’s the kind of logic that gets people places!
… unfortunately in the US the place it might get you is the gulag…
HeyThisIsntTheYMCA@lemmy.world 2 weeks ago
bailouts ought to come as leverage either as a loan (at fed rates) or a capital investment. I agree! and then the company can either buy the government out or repay the loan. it strikes me as fair.
big_slap@lemmy.world 3 weeks ago
hmm… never thought about it like this but I agree 👍