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by kmijyiyxfbklao
60 days ago
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You can always trick investors. For example all the overpromising Musk has done over the years. Also when you are that famous you can sell lower quality goods for a higher price that people will buy because they are associated to you. |
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What do you think of the tricks that California pulled to have billions vanish with not a mile of track laid? Or all those hospices with no beds? Or this fun one:
https://www.seattletimes.com/seattle-news/politics/does-noth...
Unfortunately, as a taxpayer, I am on the hook for those tricks. With a business, I can do some due diligence and then decide if I want to get in or not.
I suspect you and I are being fleeced far more by government waste and fraud than by businesses.