105
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 09 Jul 2023
105 points (100.0% liked)
Technology
37747 readers
212 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
Second question would the US gov consider google "to big to fail" and just inject a ton of money to restore it (or give enought time to break it up)?
Kinda curious 😉
They absolutely would be bailed out. No question.
it is far more likely that when the time comes google will buy us government, than the other way around :D
this headline was making rounds in 2011
Apple now has more cash than the U.S. government
according to this, alphabet has over 100b of cashcash reserve. i don't think they are going bankrupt anytime soon
Buying the government (if doing so was even possible) means they need to furnish it's debts.
Even if a company was willing to to undertake such a burden, nobody makes more money than the government, it just doesn't have much reason to hold onto any of the cash it collects.
Besides, they can just print more.
Edit: that's not to say it isn't hilarious
I wonder how much the Federal Reserve printer costs.
Asking for a friend that wants to make an infinite % return on investment.
You can stop by the Federal Reserve and pick one up
Buying the government is so easy. You can get a politician in your pocket for a only few grand.