You're not going to let that go, are you. Everyone makes mistakes.
'Everyone' doesn't make as many mistakes as you, and you didn't even acknowledge that you made it (like you did when you said that Georgia is a NATO member). So of course I'm going to bring it up, until you do.
Airlines nearly went bankrupt in 2020 and nobody did anything to save them. Oil companies took huge losses.
There was a lot of state aid in European countries for flag carriers. Unfortunately combined with all sorts of 'global warming' idiocy demands, but it was there.
Banks were bailed out to prevent economic collapse due to lack of trust in financial institutions.
General Motors was also bailed out. It certainly isn't automatic, but it is not an impossibility either, like you seemed to claim.
What I love about windfall taxes, is when there's an unprecedented loss, they expect the shareholders to tank it.
Always money out, never in.
Seems like you were born in 2009, which explains both why you are unaware of the bank bailout and why you think that Obama was President in 2008.
You're not going to let that go, are you.
Everyone makes mistakes.
Airlines nearly went bankrupt in 2020 and nobody did anything to save them. Oil companies took huge losses.
Banks were bailed out to prevent economic collapse due to lack of trust in financial institutions.
'Everyone' doesn't make as many mistakes as you, and you didn't even acknowledge that you made it (like you did when you said that Georgia is a NATO member). So of course I'm going to bring it up, until you do.
There was a lot of state aid in European countries for flag carriers. Unfortunately combined with all sorts of 'global warming' idiocy demands, but it was there.
General Motors was also bailed out. It certainly isn't automatic, but it is not an impossibility either, like you seemed to claim.
Uh huh.
The only one I remember is Alitalia getting taken over by the Italian government because they were about to file bankruptcy.
It's Cathie Wood's turn to bail them out this time.
Maybe they'll finally die.