Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers.
Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers.
Yeah, this is exactly the problem with monopolies. They got too big to fail and they expect a fucking bail up for the taxpayers every time.
We should let them fail. We should break them up in a smaller pieces. The pieces that don’t make any money disappear. The ones that have some financial stability should continue to exist.
But the true purpose of capitalism is efficiency through Consolidation. The only way to limit capitalism damaging affects is by regulation. Which will never happen in our current environment because the capitalist oligarch scum bought all parts of the government to continue to receive free money from the bank the government when they fuck up. Oh by the way they also want to take all the proceeds from Ludacris Stock valuations when the stock market is good and they want to take your pension fund when the stocks tank because they fucked up and spent all of everyone else’s money.
Maybe if we don’t pay them out this time private equity will learn some and stop buying and ruining companies in order to invest the ridiculous proceeds and stupid risky speculation On unproven technology.