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Backstopping Big Tech with Public Money
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47:02 - 50:31 (03:28)

The US government is considering using public money to backstop a new bank aimed at supporting Big Tech and billionaires in the innovation economy, creating a complex set of trade-offs between the US and China's innovation economies in the heightening great power conflict. The $50 billion investment is aimed at supporting a broader range of people and businesses, beyond just a small sliver of the rich and famous.

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