Either this is true and the company depends on corporate welfare to stay in business, or it is not true and the company is crowding out competition by an unfair advantage:
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But Strange said his overseas business depends on the credit guarantees he receives from the Export-Import Bank of the United States -- a federal bank that financially backs U.S. companies that export overseas. Even though the bank's charter has lapsed, Strange said, his credit line will last a couple more months. But he's worried Republicans in Congress are going to kill the bank once and for all.Any business that cannot thrive without corporate welfare needs to go out of business. This includes, google, boeing and GE.
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7 comments:
Google? It's still not clear to me how Google makes money. I use Youtube and do Google searches - but I've never paid for anything. Are they getting revenue from some kind of advertising?
Google makes money with advertising the adds you see in pages, the adds on youtube videos etc are paid by companies that want to advertise on google.
John fast question.
Why would a USA company depend on credit in the first place?
Why it makes it so attractive to them instead of promoting a quality product overseas?
Thanks
Martin
1. Government contracts.
2. Advertising from zombie businesses, which do not need for advertising to pay.
This business model is to be financed by malcredit, a "picked winner" if your purpose is to manage the population and bring more power to the Feds.
john
In exchange for government contracts Google allows the government access to user data.
Nothing is for free.
We all love an unfair advantage in business, in which we can offer shoddy products for lower prices than competitors.
JOhn
Are the companies advertising, and paying (one tiny revenue stream) actually derive any net benefit from the ads, or is it all false economy advertising?
John
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