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this post was submitted on 09 Jul 2023
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Technology
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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.