Originally Posted by
dr dre
The federal government is going to be hundreds of billions in debt from these relief measures they are implementing. Plus the money to be spent to restart the economy later. They don’t have the ability or desire to bailout virgin, nor do any of its current owners, not does it seems many private investors.
For the sake of 10,000 jobs is any going to knock this deal on the head because of an ideological hate of China whipped up by the media? Any offer of help will be appreciated.
I do think they have the desire but unfortunately, as you stated, they won't have the ability due to the debt accrued as a result of the rescue policies already afforded to the many small businesses, the unemployed and exit strategy for the economy post Covid-19. I hope the Chinese do put their hands in their pockets.
We are all in for a rough ride ahead and we are ALL in it together.