Businesses can always count on a bailout? Yes, that's the hybrid-German-Communist model - privatize the profits, subsidize the losses - which the U.S. now practices, with the Wall Street bailout.
One important difference between a corporation and a government entity is that the company has the profit/loss motive. If you are a bank and know the government will lend you money when you make risks you wouldn't normally take...then you have problems!
Businesses can always count on a bailout? Yes, that's the hybrid-German-Communist model - privatize the profits, subsidize the losses - which the U.S. now practices, with the Wall Street bailout.
comsunjava 1 year ago
When people are going to learn?
Repeating the same thing over and over.
allgoo19 2 years ago
One important difference between a corporation and a government entity is that the company has the profit/loss motive. If you are a bank and know the government will lend you money when you make risks you wouldn't normally take...then you have problems!
Gyrode 2 years ago
Gyrode: "One important..."
I can't even remember if I ever watched this clip before. ^_^;
allgoo19 2 years ago
Neue Schafe für den Trading Floor, wissen sie wirklich was abgeht? Ich glaube nicht, dass sie die wirkliche Architektur des Geldbildes verstehen.
Thamsite 2 years ago