Dv8thwonder said:
Japan denied major electronic manufacturers a bailout just this year. http://bit.ly/1bIAyqN |
The same Japan that has sworn to get rid of nuclear power and after a few month did a 180 and restarted some atomic power plants at their west coast?
One thing is what politicians say,another what they do.The Minister who said that there will be no bailout has to say so,because if he doesn't and says "there will be bail out" the corporations won't even try to do the needed restructering to become compettitive,but as soon as the shit is going to hit the fan(bankrupcy=loss of several 100.000 jobs=lower production ratio,more jobless,massivly rising social costs,increase of poverty)there will be a bailout+restructuring and/or fusion between Panasonic/Sony etc.because in the long run a bail out is a lot cheaper than a bancrupcy.
(go to youtube,search for "Obama lying" and you will find pretty long vids full of his lies,than you'll take this "no bail out" blabla with a grain of salt)







