this post was submitted on 23 Dec 2025
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[–] mcv@lemmy.zip 7 points 1 day ago (1 children)

They might. The amount of money they're pumping into this is absolutely staggering. I don't see how they're going to make all of that money back, unless they manage to replace nearly all employees.

Either way it's going to be a disaster: mass unemployment or the largest companies in the world collapsing.

[–] SabinStargem@lemmy.today 2 points 1 day ago (1 children)

I dunno, the death of mega corporations would do the world a great deal of good. Healthier capitalism requires competition, and a handful of corporations of any given sector isn't going to seriously compete nor pay good wages.

[–] mcv@lemmy.zip 2 points 1 day ago (1 children)

It's certainly the option I'm rooting for, but it would still be a massive drama and disrupt a lot of lives. Which is why they'll probably get bailed out with taxpayer money.

[–] architect@thelemmy.club 1 points 13 hours ago

Maybe but they also know the fiat currency will collapse sooner rather than later, too. That money is pointless and they are playing the game knowing that as a fact at this point.