In 2014, international finance authorities announced that there'd be no more bailouts. The future template is "bail-ins", where depositors' (yours and my) funds are used to make creditors (investors) whole. Bail-outs, the old template, required other banks (or governments) to dump money into distressed banks, and they decided they don't want to do that anymore. Now, failed banks will just take our money directly. That old TV slogan's been outdated for a decade.
People are their own worst enemies. They see governments and banks do bad things, but instead of educating themselves in technical policy details, they react emotionally and fall for slogans. How do these people think they'll "defeat" banks without understanding how banking works? Why in the hell do so many people confuse slogans for knowledge?
If you are saying that you should take additional personal steps to protect yourself from downside risks, the answer is yes. It's not a foolish way to live and in the long term, the benefits outweigh the costs, similar to being adequately insured.
In the 2009 crisis the banks got bailed out because we were in the position of very nearly breaking the buck on money market funds. The interconnectedness of the entire financial system meant that we were plausibly looking at a situation where most businesses wouldn't be able to make payroll soon. ATMs could start to not give out cash. The whole short-term lending market was in danger of freezing up solid.
The lesson from that seems to not have been "we need to regulate things better up front so companies cannot make bets that place the system at risk and imperil everyone" but "fuck it, let it all burn down".
And we've got Republicans controlling the House that will drive the financial system into a brick wall hoping that they can blame it all on Biden and take over in the next election.
Honestly starting to think the right idea might be to stock up on food, water, gas and toilet paper like I'm worried about another pandemic and go bury $10k in the backyard. People have gotten fucking insane.