More from ⚡ 🅰️lex Enache 🐰

repeat
288 views
Blueprint for a government bailout: 1. Companies go into debt to buyback stock and pay executives; 2. Recession hits; 3. Govt officials say: "If we don't help them, people will lose their jobs"; 4. Bailout is passed and arrives to the company; 5. C-suite gives themselves big bonuses for surviving the recession, spending the bailout money; 6. There's no more bailout money - companies fire hundreds of employees; 7. Repeat every 7-10 yrs.
288 views · Jan 15th

More from ⚡ 🅰️lex Enache 🐰

repeat
288 views
Blueprint for a government bailout: 1. Companies go into debt to buyback stock and pay executives; 2. Recession hits; 3. Govt officials say: "If we don't help them, people will lose their jobs"; 4. Bailout is passed and arrives to the company; 5. C-suite gives themselves big bonuses for surviving the recession, spending the bailout money; 6. There's no more bailout money - companies fire hundreds of employees; 7. Repeat every 7-10 yrs.
288 views · Jan 15th