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Ruchir Sharma: Why America’s big companies keep getting bigger
The beneficiaries of post-crisis rescues are established companies — this is not how capitalism is supposed to work. The irony of the Silicon Valley Bank saga is now complete. The crisis started inside the American tech sector’s favourite bank, but the government rescue has benefited Big Tech the most. As calm returns to the market, fuelled
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Posted: April 10, 2023 Monday