[mistermann]

> It’s not uncommon for companies to use leverage to fuel growth.

Seems true.

> High yield venture debt is often tied to growth metrics.

Seems true.

> It’s not a mistake to operate a company using venture debt.

Is this true, or might it be more accurate that particular people, depending on their situation, would like to have us believe it is true?

If a company is operating using venture debt, or operating in any arbitrary fashion for that matter, and then a disruptive incident occurs and the company's finances are insufficient to sustain itself and must shut down (in turn losing at least a significant portion of the initial investment), is it accurate to say that "no mistakes have been made"?

If the business in question then goes hat in hand to the public (whose constituents are often lectured to "save money for a rainy day", and who also have serious financial issues of their own), asking for a bailout with this story as a justification of sorts, does this not seem a little bit absurd?

Am I looking at this the wrong way, because it kind of seems counter-intuitive to me?

> In a highly competitive market, if you don’t lever up, your competitors will eat your market.

Seems true.

[ttul]

Companies aren’t going hat-in-hand. Governments are rightly bridging companies if they agree to not fire people.

[mistermann]

You can assign whatever label you want to it, but it's odd how difficult to agree on what is happening here, or if anything of significance is even happening at all.

Is there a flow of funds from government to one or more corporations involved in the scenario being discussed? YES/NO?

Is there a risk that the government may not get all of this money back? YES/NO?

Have we seen a scenario resembling this before? YES/NO?

Do (or has there even been instances in the past) American citizens in any way have the right or privilege to use the full powers of the United States Government to forcibly transfer money from the bank accounts of corporations into those of citizens, despite the corporations being guilty of no fault? YES/NO?

Is there a broadly held consensus that all parties involved in this scenario are being "plausibly fairly" compensated/punished for the role they have played in the events leading up to this scenario, and does the American public have the right to view 100% of the documentation that substantiates that claim? YES/NO?

Does the American public have the right to view 100% of the documentation involved in this scenario, so that they can confirm for themselves that not one single cent is being misallocated? YES/NO?

If an omniscient third party (literally, a God) was evaluating this scenario, are we absolutely certain that they would be unable to find the slightest fault, however small, in this scenario? YES/NO?

[ttul]

Okay, you sound like a southern preacher. You want to save the economy? It’s going to take some broken eggs. Not all pennies will be accountably allocated. Some bad companies will survive. Some people will make money when they shouldn’t have.

But broadly speaking, if governments don’t move fast, there won’t be an economy in six months’ time.

[mistermann]

> Okay, you sound like a southern preacher.

That's fine, I hold no strong prejudices towards religious people or their leaders. I'm well aware most people do, but then I don't have terribly strong concerns about what people who think in that manner, think about me. For example, if a racist disapproves of me because I'm not "defending my people" or some such nonsense, I mostly see it as an excellent opportunity to "have a bit of a laugh" as the British say.

I'm mostly concerned about objective correctness than appearances.

> You want to save the economy? It’s going to take some broken eggs. Not all pennies will be accountably allocated. Some bad companies will survive. Some people will make money when they shouldn’t have.

Seems reasonable.

> But broadly speaking, if governments don’t move fast, there won’t be an economy in six months’ time.

I suspect this is largely speculative. Not that I'm saying you're incorrect of course, of all the thousands of possibilities that lie in our future, that seems like it could be a perfectly valid outcome.

But I don't feel like we've advanced the ball here much on achieving some sort of a shared understanding/agreement on what actions are optimal under these conditions.