Explain to me why we should spent taxpayer money to bailout companies (airlines) who spent their cash buying their own stock so the CEO gets optionality, instead of having a crisis buffer.
— Nassim Nicholas Taleb (@nntaleb) March 22, 2020
We should bail out individuals based on needs, not corporations.#Moralhazard
via Twitter https://twitter.com/nntaleb
March 22, 2020 at 06:51AM
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