> for these companies
They’re absolutely going to get bailed out and socialize the losses somehow. They might just get a huge government contract instead of an explicit bailout, but they’ll weasel out of this one way or another and these huge circular deals are to ensure that.
Absolutely. And they will figure out how to bankrupt any utilities and local governments they can in the process by offloading as much of their costs overhead for power generation and shopping for tax rebates.
This would trigger something that people in power would rather not trigger.