Investment. That means they are putting money in and expecting to make a profit. They will dump $100
millionbillion in the U.S. and we’ll have to pay them back… with interest. In other words, we’ll get $100millionbillion worth of infrastructure, or something, and end up paying $200millionbillion or more for it with our taxes. No matter what the Republicans say, privatization is never a good thing.Edit: Oops! Meant to say billion but my fingers were working faster than my brain.
100 Billion
Softbank is a well known super investment operation from Hong Kong. They don’t lay out money for grifters unless, of course, it would make them even more money.
Thanks for the correction. And yes, no one is investing that kind of money unless they are certain they will be getting a substantial return on investment.
You still have “$200 million” instead of billion.
Ye gads! Thanks again.
Isn’t that what they’ve been doing in Africa?
So it’s like build back better but a Chinese investment firm makes billions on the side?
Plus you don’t have to reach any sort of consensus or achieve a majority of support. It’s also not subject to filibuster
