8 ms·

Exactly, 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 a

Exactly, 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.

GolfPopper 2mo ago
Here in the US "let them fail" only happens to businesses without political pull, which I'm pretty sure these companies have.
dofm 2mo ago
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?
- eagerpace 2mo ago
  It has nothing to do with the administration. These companies did the same thing with the last, and they will do the same thing with the next.
  - dofm 2mo ago
    You could say this but the previous administration was not talking about taking a 10% share in both companies; this one is (thanks to Sam Altman's very personal lobbying of the president)
    - eagerpace 2mo ago
      It manifests in many different forms.
crab_galaxy 2mo ago
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.
rightbyte 2mo ago
Some dollars are more equal than others you know.