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Valuetainment

Episode 465: Stop Bailing Out Big Companies

Valuetainment

Valuetainment Episodes

Business

4.81.7K Ratings

🗓️ 11 May 2020

⏱️ 5 minutes

🧾️ Download transcript

Summary

Episode 465: Stop Bailing Out Big Companies by Patrick Bet-David --- Support this podcast: https://podcasters.spotify.com/pod/show/valuetainment/support

Transcript

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0:00.0

30 seconds.

0:02.0

Did you ever think you were made?

0:04.0

I feel I'm supposed to take sweet victory.

0:08.0

I know this life meant for me.

0:10.0

Yeah, why would you bet on Goliath when we got bet David

0:14.2

Valutainment given values contagious this world of entrepreneurs we get no value to

0:18.6

hate us how they run homie look what I become I'm the one

0:22.4

You know one the biggest the base that's going out right now during these pandemic times

0:25.3

is should we let these big companies go out of business or should we bail them out?

0:29.5

Should the government come out and cut a $10 billion check, $20 billion check, and help these companies not go out of business.

0:36.0

They're too big to fail companies similar to what happened in 2008.

0:39.7

And some are saying no, some are saying yes.

0:41.9

We should bail them out. And some are saying no, yes, we should bail them out. And someone are saying no are saying, well,

0:45.9

wait a minute, this is not capitalism. This is a form of socialism to the big companies

0:51.0

because you're not letting the smaller guys who have

0:54.1

state discipline maybe they've stayed liquid maybe they're trying to compete maybe

0:57.7

they're better for the customers maybe trying to offer a better proposition for

1:01.4

their products you're not allowing them to compete with the bigger

1:04.1

guys.

1:05.4

Let this cycle take its place.

1:08.0

Let it take its course.

1:09.5

If somebody else has more money that they say they should buy them out and these guys ought to go

...

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