That and ride a speculative asset bubble until the right moment and either the goons in charge parachute off or they're so big they get the largest bailout in US history.
they’re so big they get the largest bailout in US history.
If that happens and there's a GOP president: "We are giving BlackRock a $2.7T bailout. This is good. It owns the libs. In fact - it fucks the libs." Flag waving follows.
If it happens and here's a dem president: "To stabilize the housing sector and to stop economic difficulties we utilizing $2.7T in federal funds. This is not a bailout. I repeat - this is not a bailout...." and then a dozen minutes of rationalizations, euphemisms, and outright lies follow.
In both cases the BlackRock CEO buys Guam - because he can. It becomes his own private island. The US military presence will stay. Of course it does. He negotiated a 100 year lease for them at truly insane prices. Plus - the military will unofficially serve for free as private security force, his maintenance staff, etc.
It's the latter. Capitalists have no clue how capitalism works. They'll cling on for dear life until it's time to pay the pied piper and they're stuck holding the bill. At which point they'll ask and get a bailout.
That and ride a speculative asset bubble until the right moment and either the goons in charge parachute off or they're so big they get the largest bailout in US history.
If that happens and there's a GOP president: "We are giving BlackRock a $2.7T bailout. This is good. It owns the libs. In fact - it fucks the libs." Flag waving follows.
If it happens and here's a dem president: "To stabilize the housing sector and to stop economic difficulties we utilizing $2.7T in federal funds. This is not a bailout. I repeat - this is not a bailout...." and then a dozen minutes of rationalizations, euphemisms, and outright lies follow.
In both cases the BlackRock CEO buys Guam - because he can. It becomes his own private island. The US military presence will stay. Of course it does. He negotiated a 100 year lease for them at truly insane prices. Plus - the military will unofficially serve for free as private security force, his maintenance staff, etc.
It's the latter. Capitalists have no clue how capitalism works. They'll cling on for dear life until it's time to pay the pied piper and they're stuck holding the bill. At which point they'll ask and get a bailout.