Re:The Amazon Empire Strikes Back
by paulryanrogers on Monday December 06, 2021 @10:58AM
(#29461291)
Banks didn't need a bailout. They needed to be allowed to fail. And restore the regulations that would've stopped them from overleveraging so much in the first place. (Or at least prosecute those knowingly involved in subprime mortgages.)
Bailouts from taxpayers aren't a sign of robustness either. They are a sign of fragile, easily bought government and large players dominating markets.
Bailouts from taxpayers aren't a sign of robustness either. They are a sign of fragile, easily bought government and large players dominating markets.