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CamperBob2 | 8 hours ago
That does resonate to some extent, when I see people of actual merit (or at least, people who have done things with actual merit) like Jeff Bezos and Jensen Huang, lining up to suck meritless people like Trump off.
The problem is, once the rich people have secured their fortunes through self-abasement, they never seem to use those fortunes to redress the humiliation they've suffered. That makes your argument a hard sell. Would Bezos and Musk and Cook and Huang and Dell and Altman and Soon-Shiong and Zuckerberg and Mickey Mouse -- all the figures from the famous Ann Telnaes cartoon and more -- still be as supportive of Trump if they didn't have to be?
We have no evidence to the contrary.
jongjong|1 hour ago
It's because the government can print money. The government is the ultimate fallback, if interest rates increase and money becomes scarce, these big corporations need the government to provide big contracts to back them up to get through that tough period.
This is what I mean by all-or-nothing situation. These big corporations NEED huge, constant inflows of cash to stay solvent. The system is always full of debt; the liquidity is always under threat of being sucked out rapidly... So all these big companies are terrified of such event. They need to know that if money gets scarce, they've got a reliable stream they can draw from and the only reliable source of money in times of monetary scarcity is the government.