Re:America's 1% Has Taken $50T From the Bottom 90%
by cudgy on Friday February 12, 2021 @12:02PM
(#26115759)
Basic financial planning. Unstable cash flow (for example the cyclical airline industry) requires cash reserves and ideally a cost structure that emphasizes variable costs tied to actual units (passengers) to lessen impact of up/down cycles. Bailouts short-circuit this type of healthy planning.
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