alt Hacker NewsExactly, this is how capitalism works. Let them shoot for the moon and let them fail. Worst case their over-valued assets are liquidated and continued on with at a more reasonable valuation. Just make sure they play by the rules and don't make new rules in the name of national security, ie boxing out open source.
Replies
rightbyte • last Thursday at 6:23 PM
Some dollars are more equal than others you know.
crab_galaxy • last Thursday at 2:43 PM
Except this is not how American capitalism works at this scale, and it’s ridiculous to think their debt isn’t your debt when you have the entire country’s history to look back on and count the numerous government bailouts.
dofm • last Thursday at 2:38 PM
Do you think the businessmen who sat on the dais at Trump's inauguration plan to just fail without getting him to put his small thumbs on the scales?
➕ show 1 reply
Here in the US "let them fail" only happens to businesses without political pull, which I'm pretty sure these companies have.