Reply to post: Failed investments

President Biden signs CHIPS and Science Act into law

theAltoid

Failed investments

Not just the government, plenty of private companies and funds invest in companies and ideas that go belly up. Funding industry and taking small risks is generally a good thing. Small as ~$400m out of a 2015 US federal budget of $3.7t, or 0.01% (or about $1.50 per US resident). Based on my income that would be the equivalent of investing about £7.

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