If government has to bail them out, then government gets to nationalize a proportionate amount of the company. And the dividends then go toward government spending.
That would be the smart thing to do, if the government was serious about both protecting the capital/labor base and not pissing away infinity dollars forever.
If government has to bail them out, then government gets to nationalize a proportionate amount of the company. And the dividends then go toward government spending.
Something about fiscal responsibility…
That would be the smart thing to do, if the government was serious about both protecting the capital/labor base and not pissing away infinity dollars forever.
And the next government can sell it off for less than they paid for it and the cycle continues.
They shouldn’t pay for it, they should just seize it.