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b_b  ·  2578 days ago  ·  link  ·    ·  parent  ·  post: "This is why they hate us" - The Other Tech Bubble

    The big tech companies are too big to fail, too complicated to be parsed or regulated, and too integral to business, the economy, and day-to-day life.

Totally disagree here. If Facebook failed, some investors would lose money. Nothing else would happen. In that sense, it would create a small but noticable ripple through the economy that we would recovery from almost instantly. Banks are too big to fail, because of their importance to credit markets. I'm convinced that most social media companies are not a value add to the economy (at least no where close to what their market caps suggest). I would riot in the streets if the government bailed any of them out.