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2020-03-23

This time, small guys should get the bailouts

In the previous crisis, Washington bailed out banks. Today, it’s about to bail out big business.

The corporate sector looks a lot like the financial sector did pre-2008: debt-laden, with some sectors highly leveraged, and most of them reliant on financial engineering to create the illusion of growth and innovation.

Rana Foroohar, Associate Editor at the Financial Times, 22 March 2020




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