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Yes, and...
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Yeah, but it might take years for these slop companies to actually collapse under the weight of their own tech debt. Do you know how many quarters that is!
It is so many quarters. Line go up! Shareholders left holding the bag of shit.
Will they collapse? I don't think you are taking into consideration the rampant corruption in the government. We're going to end up footing the bill...I guarantee it.
We are footing the bill already. The average 401k is paying the CEOs salary while they gut each company.
But yes, they will leverage the government to squeeze a bit more, in the end.