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A comment on The World’s Empty Office Buildings Have Become a Debt Time Bomb. Parent comment

Re:The World’s Empty Office Buildings Have Become a Debt Tim... by lacksconfidence on Monday June 26, 2023 @11:51AM (#36481381)
It's indirect. Softbank gave money to startups. Startups put the money in SVB. If the startups hadn't been made whole then softbank would have seen many of it's investments fold.
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Re:The World’s Empty Office Buildings Have Become a Debt Tim... by refulgentis on Monday June 26, 2023 @12:05PM (#36481591)
That doesn't really hold water.

Its an argument that creates a bailout of whoever we want, as long as they're within 6 degrees of SVB. [^1]

A huge rhetoric win, a loss for understanding.

[^1]: https://en.wikipedia.org/wiki/Six_Degrees_of_Kevin_Bacon

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Re:The World’s Empty Office Buildings Have Become a Debt Tim... by candiddevmike on Monday June 26, 2023 @12:20PM (#36481818)
If startups couldn't make payroll, what do you think would happen here?
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Re:The World’s Empty Office Buildings Have Become a Debt Tim... by refulgentis on Monday June 26, 2023 @12:31PM (#36481993)
Does asking this advance the discussion, or is it a passive-aggressive way to continue signalling you believe “seized the bank and sold it, keeping deposits whole” means “SoftBank bailout”?
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Re:The World’s Empty Office Buildings Have Become a Debt Tim... by renewiltord on Monday June 26, 2023 @12:57PM (#36482432)
If you really think about it, it was a bailout of the American people. And that's why it was good and an example of socialist praxis.

After all, startups take venture capital money from the rich and spend it primarily on t-shirts and catering - which primarily comes from small businesses who hire local unskilled labour.

Marx would be proud of the FDIC for their work.

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