Zurich just paid 30,000 workers double, in $200 million bank glitch::Zurich authorities have apologized to city employees after a technical glitch caused a double payment of monthly salaries that local officials are now trying to claw back.
Zurich just paid 30,000 workers double, in $200 million bank glitch::Zurich authorities have apologized to city employees after a technical glitch caused a double payment of monthly salaries that local officials are now trying to claw back.
If it was a corporation, absolutely. It’s part of the risks they’re taking on as a business. But for a government, which is by definition non profit, you kinda have to mandate return of the funds. Otherwise the government as a whole could collapse.
The government won’t collapse. They literally have a money printer.
This only works if you’re America, and even then only somewhat. Everybody else has to fear other places not valuing their currency as highly.