Re:The World’s Empty Office Buildings Have Become a Debt Tim...
by solumunus on Monday June 26, 2023 @01:59PM
(#36483325)
That’s simplistic thinking. The majority of those businesses would not have been able to pay staff and there would have been many redundant “average guys on the street”.
[ Parent
| on HN ]
Re:The World’s Empty Office Buildings Have Become a Debt Tim...
by freedude on Monday June 26, 2023 @04:54PM
(#36485704)
Perhaps, but perhaps the simplistic thinking is that the bailout changes anything. Are businesses which are trying to meet payroll now running a buffer in multiple banks? Are they securing the future of their employees by making sure they can meet payroll in an emergency? Probably not and as a result they didn't learn anything from the experience.
The truth is, this is the tip of the iceberg. Don't be sailing on the Titanic since you have been warned.