2min chapter

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#1095 David McIntosh On How To Save America

The Pomp Podcast

CHAPTER

We're Too Big to Fail, Right?

When we think of the second data point that sicks out y head is in 20 20, we bailt out the airline industry. The first was a the airlines, for biscuit decade, had spent a lot of their free cash flow doing stock bybacks. They got to a point which was a catastrophic external shock to their business, but they didn't have the moneyth could not survive. And it's easy to armchair quarter back and say, heywhat are you doing for the last decade rigt? Why don't you have that cash?"

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