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How is it a crappy business? It literally took countries shutting down their borders and people not traveling at all to bring them to their knees.


If an average person were laid off today and couldn't find a job for 1-2 months, would they go bankrupt? I think most people would be able to survive on their savings for a month or two. Companies should also be held to the same standard. They should have enough savings to survive this sort of disruption, just like a person would.

So yeah, if your company can't survive a month without revenue, it is a crappier than average business.


> I think most people would be able to survive on their savings for a month or two.

I think that is optimistic...

https://www.cnbc.com/2019/01/23/most-americans-dont-have-the...

They wouldn't go bankrupt, but surviving would require taking on debt.


Simple comparisons of companies to people is a world we long since left behind and are not really valid or useful except in very general rough senses.


That is a gross oversimplification. They are a huge multinational, even if they had saved their entire net income of over a billion euros it would not have been enough.


So unemployment insurance for people shouldn't exist?




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