• Milk_Sheikh@lemm.ee
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    8 months ago

    Unfortunately Boeing genuinely has become “too big to fail” and we’re all going to suffer through this until it becomes untenable like Union Carbide/Exxon or it gets ignored and quietly resolved without address the core issue

    • Significant stock market presence in investment funds and retirement portfolios
    • Prime contractor for US and global civic and military aviation
    • Military angle cannot be ignored here, both for geopolitics, force readiness, and domestic politics, with production purposefully scattered across Senate & Congressional districts
    • Major ‘banner’ exporter of airframes globally, which in turn locks in lifecycle purchases and repeat business to the US vs foreign firms like Airbus/BAE/Rostec

    Having it be privatized/hostile government takeover would be chaos not just administratively speaking, Boeing has achieved integration throughout the economy and political machinery