Comment by signatoremo
14 hours ago
You need to study history. US government is no stranger in getting stakes in businesses. Did you already forget the Great Depression?
https://www.investopedia.com/articles/economics/08/governmen...
14 hours ago
You need to study history. US government is no stranger in getting stakes in businesses. Did you already forget the Great Depression?
https://www.investopedia.com/articles/economics/08/governmen...
We aren't anywhere close to being in a depression though. What extraordinary situation requires the government to take a stake in a public company and under what conditions will this position be liquidated?
We are very close to being in a depression. Most of our money has nothing to do with actually feeding or housing people. If the wrong thing shifts, we're toast.