• Lovable Sidekick
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    6 hours ago

    Wat? Capitalism knows exactly how to deal with this situation. People who still have faith in the companies will keep loaning them money or buying their stock or investing in them in other ways, and people who don’t have that faith will stop doing those things. Eventually each company will either succeed or run out of believers and die. It’s a very common scenario.

    • ThirdConsul@lemmy.zip
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      9 minutes ago

      Yeah, that would be true if there never was a public bailout, or a cheap government loan.

    • optimisticturtle
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      2 hours ago

      Are you seriously suggesting companies live and die by the free market?? Those poor failing companies need taxpayer bailouts.