Everything is smoke and mirrors. No large company has a large cash reserve to fight off bad times. It’s shocking how quickly a corporation can dissolve.
They easily can save up money to endure the bad years. A new recession will come, we just don't know when. Bad economic times are a certainty.
Politicians should never allow companies to become "too big to fail"
Bankers also know this. If their bank goes under it will very badly damage the entire economy. So they hire loads of lobbyists and politicians will give in, as usual. The taxpayer will again have to pay countless billions to "save" such corrupt companies.
Companies like GM and banks don't care about fines. It's only when you throw the CEO and CFO in jail for a very long time they will suddenly listen.
