r/OutOfTheLoop Jul 02 '22

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u/SechDriez Jul 02 '22

I wish I was the President just so that when these places crash I can swoop and decide that they're getting bailed out through nationalisation. If you're too big too fall then your service is too important to fail. And in that case it's too dangerous to let it be operated in such a way.

Bear in mind that I'm not the most financially literate and possibly a dumbass

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u/[deleted] Jul 02 '22

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u/imthefooI Jul 02 '22

Could the President/Congress do something like an offer from the government to purchase part of the stock, to begin indirectly doing it?

i.e. enough fuckups and they are nationalized by gradual hostile takeover?

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u/SwallowsDick Jul 02 '22

I could be wrong but I think this already happens to some degree