Re:I'm a Frito-Lay Factory Worker. I Work 12-Hour Days, 7 Da...
by watwut on Sunday July 18, 2021 @12:59PM
(#27874491)
> If things fail, go bankrupt and repeat was a main point.
This is not treating it as a last resort, this is "you rely on repeated bankruptcy" as a part of strategy. So they go into high risk business with expectation that someone else will pay if that fails. (Which is ok in only speculators loose money, but not ok if they end up not paying suppliers, sub-contractors etc for services.)
> Judges and lawyers here push you to keep going and avoid bankruptcy at all cost, but that seriously makes no sense in many cases which can be outside your control.
This is judges and lawyers treating bankruptcy as a last resort.
This is not treating it as a last resort, this is "you rely on repeated bankruptcy" as a part of strategy. So they go into high risk business with expectation that someone else will pay if that fails. (Which is ok in only speculators loose money, but not ok if they end up not paying suppliers, sub-contractors etc for services.)
> Judges and lawyers here push you to keep going and avoid bankruptcy at all cost, but that seriously makes no sense in many cases which can be outside your control.
This is judges and lawyers treating bankruptcy as a last resort.