politics

This company has 80,000 employees and they’re going under thanks to trumps tariffs.

No, they're going under because they've been "struggling with losses and hefty debt load for years". 

Tariffs may have been the last straw, sure, but they're a convenient excuse for what seems like a poorly run business.

Disclaimer: I'm independent (right-leaning moderate, vote on both sides of the aisle).

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Dad, data scientist, blockchain native artist.

Power consolidation=evil.

This is a dumb take. 

Stop putting people in buckets. 

The world is not binary.

Right leaning moderate is code for MAGA or neocon lol

Growing veggies for the fine folks of Southeastern Massachusetts, w/ a focus on nutrient quality. Always interested in the evolution of digital payments.  🎩 

Those companies should shut down, then.

The government should not be in the business of propping up poorly run companies.

Right and that’s kinda the point. Many many companies are close to the edge - barely getting by. They can’t afford to pay even more to the government.

Yeah I has the same read… we’re struggling to stay afloat and tariffs pushed them over the edge.

There’s a heap of companies I. A similar situation when they have to roll their corp debt at the newer interest rates, and as private credit starts to rethink their allocations:

Honestly, it seems as if the tariffs hit them and they finally woke up.

They DID make something happen: creditors gave them $1B bailout.

So, if the tarrifs hadn’t hit them, they may have been able to make something happen but the government made that impossible?

Web2/Web3 developer and builder of grassroots decentralized culture and governance. Not a maximalist of any kind. Writing this as I go.

Stellantis has run a poor to quite poor game since they were bailed out in 08. I would expect them at the court at some point as well. 

Supplier for a bad car brand.

Probably this. Stellantis under Tavares switched to cheaper suppliers that make lower quality parts, hence this was probably a long time coming for a flat out lower-tier business.

Stellantis is on deaths door too. 

(Typing from my grand Cherokee)