Michael Douglass@thelemmy.club to Ask Lemmy@lemmy.world · 3 days agoWhen I hear of bailout money being used by CEOs to give themselves bonuses, couldn't the government buy the debt and make sure the money is spent the right way?message-squaremessage-square30linkfedilinkarrow-up198arrow-down14file-text
arrow-up194arrow-down1message-squareWhen I hear of bailout money being used by CEOs to give themselves bonuses, couldn't the government buy the debt and make sure the money is spent the right way?Michael Douglass@thelemmy.club to Ask Lemmy@lemmy.world · 3 days agomessage-square30linkfedilinkfile-text
I have absolutely no clue how this stuff works, so forgive me if the question stands on a false premise.
minus-squareMr Fish@lemmy.nzlinkfedilinkEnglisharrow-up16arrow-down1·3 days agoCould? Yes. Would? No. Most western governments are basically bought out by corporations to different extents, so convincing them to do stuff like this is difficult at best
Could? Yes. Would? No. Most western governments are basically bought out by corporations to different extents, so convincing them to do stuff like this is difficult at best