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The tail of a KQ plane, JKIA, March 2020. [Edward Kiplimo, Standard]
A story in the local media quoted a government official suggesting that the government should bail out universities the same way it has bailed out tea and sugar cane farmers as well as Kenya Airways (KQ).
This got me thinking: Should we bail out firms in distress or let them die? This is an emotional question given that the death of a firm means job losses and distressed families.
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