What’s an example of a good govt bailout?
Post by twetch#1390
Airline companies, so they can still transport goods.
What the chain says
- Block
- 632 047
- Time
- 2020-04-24T18:36:29Z
- Signer
- 1CBejXArQnuGoWDZkZkbV9wMastGWFYbzz
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#1390
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1CBejXArQnuGoWDZkZkbV9wMastGWFYbzz VerifiedReplies (2)
Not all of the airline companies would have failed. Where do the planes go? Pilots? Equipment? They get either absorbed by the surviving airlines, or bought out by investors for cheap. New and better run companies will form.
Thats when there are buyers. In 0% interest its minimum. So what do struggling companies do? Bleed till workers leave mega companies? Disaster for services, just because a few CEOs mismangd smthg?(on perpouse maybe). Bailout could be justified .