• @_sideffect
    link
    English
    1089 months ago

    Don’t count on it, the government will bail them out if they drop further

    • @saltesc
      link
      English
      38
      edit-2
      9 months ago

      I wouldn’t be so sure. Government bailouts tend to happen because they’re almost forces to. Where the economy can suffer greater loss without the bailout. Generally, in a scenario where a company or corporation has nestled itself into something the economy is dependent on. Of course what happens after that bailout is the bad part where it often seems nothing is done to alleviate the economy’s dependency, nor is the actions of the body receiving the bailout regulated, monitored, or needing to pay it back.

      I don’t know how much dire a state the US economy would be in with Boeing missing or significantly damaged, but can’t imagine it’s perceived to be as bad as the crooked banks.

      Edit: Oh, wait. The military is dependent on them. Yeah, there’d be a bailout lol

      • @[email protected]
        link
        fedilink
        English
        689 months ago

        Boeing has MASSIVE government contracts, and does a ton for both the military and NASA. They’re absolutely bailout material, as much as it hurts me to say.

        • @ZapBeebz_
          link
          English
          239 months ago

          I’m waiting for a condition of the bailout to be separating Boeing Defense from Boeing Aerospace, so the aerospace side can fail

          • RubberDuck
            link
            English
            69 months ago

            Well looking at their income per sector commercial is the largest. And they probably split r&d across these sectors. So losing civil aviation probably would mean they can be less competitive as defense contractors.

      • @[email protected]
        link
        fedilink
        English
        18 months ago

        BA is one of 30 companies in the Dow Jones Industrial Average used to measure the performance of the domestic market. It practically represents an entire sector but itself. The Fed will absolutely help BA

      • @Lost_My_Mind
        link
        English
        479 months ago

        How would he have any say over what the government does? He doesn’t even have control over his bodily functions.