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Too big to fail man. That's getting bailed out. Its a bet that cant be lost.
It is a bet that the US government can’t afford to cover. It would cost trillions to cover it and even if they went to a 100% tax rate, they still couldn’t cover it
How about a 1 trillion dollar crypto coin as collateral? It's actually a picture of a monkey peeing in its own mouth.
https://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe
Levels of inflation
I'm looking for something far less stable than Zimbabwean currency my dear friend. I'm thinking more like a presidential nft.
Might I suggest Ethereum and bitcoin as they are Ponzi schemes
I dont mean theyll cover they whole s&p investment. Key holders of large quantities of certain stocks will be given assistance.
You or I could buy up a whole bunch and theyll just laugh at us while they sign the check the Sam amd his buddies.
I think it would be more narrow, just the billionaires would get bailed out and everyone else would get wiped out
Worry not, 350 millions Americans stand ready - willing or otherwise - to save the Finance Industry by enduring some more Austerity, losing some more income in real terms due to unacknowledged inflation following another bout of money printing and suffering the consequence of more cuts to whatever is left of public services in America.
An worry not, if there's one thing that unwaveringly unites Republicans and Democrats, it's this.
Too big to save.
The ammount of money in these companies for AI (~~4.5B~~ 3.9T for Micosoft alone) is too much for even the US to bail them out.
Edit: Double checked the number -- I was off by 3 orders of magnitude because these numbers are just dumb.
Well, one can dream.
There is only so much the infinite money glitch can cover. The US is already trillions in debt, and the American taxpayers shouldering that debt are in an increasingly precarious position.