Comment by Nemo_bis

Comment by Nemo_bis 15 hours ago

1 reply

The whole point of equity is that it can go to zero. Profit sharing means that the government had an upside (if Intel became profitable) and no downside. Now, if Intel loses money or goes bankrupt, 10 % of those losses automatically get socialised.

parineum 6 hours ago

Great explanation of the socialism for losses, which was already happening and is the normal bailout routine.

Now explain how "Capitalism for profits" applies.