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U.S. government takes 10% stake in Intel

(www.cnbc.com)
607 points givemeethekeys | 5 comments | 22 Aug 25 21:01 UTC | HN request time: 0s | source
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sobiolite ◴[22 Aug 25 22:04 UTC] No.44990406[source]▶
Ironic, Western politicians thought opening up to trade with China would lead to it adopting a Western model of government. Instead it's lead to the USA adopting the Chinese one.
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signatoremo ◴[22 Aug 25 23:06 UTC] No.44991017[source]▶
You need to study history. US government is no stranger in getting stakes in businesses. Did you already forget the Great Depression?

https://www.investopedia.com/articles/economics/08/governmen...

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1. bink ◴[22 Aug 25 23:19 UTC] No.44991150[source]▶
We aren't anywhere close to being in a depression though. What extraordinary situation requires the government to take a stake in a public company and under what conditions will this position be liquidated?
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2. rpmisms ◴[23 Aug 25 03:28 UTC] No.44992870[source]▶
We are very close to being in a depression. Most of our money has nothing to do with actually feeding or housing people. If the wrong thing shifts, we're toast.
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3. bink ◴[23 Aug 25 17:42 UTC] No.44997674[source]▶
The unemployment rate is still near historic lows and while new job numbers are getting worse they're still positive overall. We aren't anywhere close to being in a depression currently.
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4. meowky ◴[23 Aug 25 22:32 UTC] No.44999654[source]▶
> We aren't anywhere close to being in a depression though.

This may be true in the economic sense. But “depression” is as much a political sensation as it is a technically defined economic term. We happen to live in an era where economics for the public is profoundly politicized.

5. rpmisms ◴[24 Aug 25 18:08 UTC] No.45006327{3}[source]▶
The unemployment rate does not count people who stopped trying. We are far closer than you think.