joobeejoo47
I keep a close eye on the Russo-Ukraine War. I’m a propaganda and writing/literature enthusiast.
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Joined 1 year ago
Cake day: June 10th, 2023
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To be fair, government bailouts are not just free money the government gives large corporations with no attached expectations. When the government bailed out GM, for example, the treasury gave GM $52 billion. $6.7 billion was considered a loan (with interest) which GM has since paid back. The rest was an investment resulting in a 32% ownership of GM by the US Treasury.