The issue is that they became part of everyone’s 401k so the bootlickers and greedy fucks in Congress will tell us they’re 100% essential because if they fail you lose your retirement.
I hate this system… Redistribution of wealth for the rich, rugged individualism for the pleb.
Don’t even talk about bailouts, it’s totally unacceptable this time. These companies ARE NOT essential, and are not too big to fail.
Their debts are by Venture Capitalist investors, and by billionaires from the dot com bom. They have the money to fail.
This time we let them fail.
I WANT TO SEE REPO MEN AND BANK OFFICIALS MARCHING INTO MANSIONS TO RECLAIM THE MONEY.
Let some of these assholes live in trailer parks.
The issue is that they became part of everyone’s 401k so the bootlickers and greedy fucks in Congress will tell us they’re 100% essential because if they fail you lose your retirement.
I hate this system… Redistribution of wealth for the rich, rugged individualism for the pleb.
They aren’t even public companies yet. They are not a part of everyone’s 401ks.
MS, AMZN, Oracle, & NVDA were around before this, and will exist even when the bubble pops. Literally zero reason for a bailout.
There is a very good chance that Oracle doesn’t survive if OpenAI tanks.
https://www.wheresyoured.at/how-openai-kills-oracle/
I hope Larry Ellison has to sell off his media companies and still has a heart attack in the end. He funds Israel.
Larry Ellison is an even bigger son of a bitch than your standard Israel funder.
Not just content with supporting a genocide, he wants to control all media and human behavior.
Not even to protect his collaborators, but because there’s money in it.
Larry Ellison belongs in prison.