this post was submitted on 04 Jan 2024
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True but they are no longer active companies if they go belly up.
i mean.... i don't want to sound patronizing, but please read SOMETHING. like anything at all. companies going bankrupt is literally part of the system. if someone wants to push a service or product and has enough resources, companies are set up to be bankrupt and lose money. this is how a big corporation can push competitors off the market: by selling a product under the cost of production. how often have we also seen companies going bankrupt SEVERAL times in their lifespan just to be bailed out?