Re:Joint Statement by the Department of the Treasury, Federa...
by briHass on Sunday March 12, 2023 @10:16PM
(#35129979)
There's a bit of irony in mentioning the COVID response, considering the knock-on effects of that are partially/largely to blame here.
If we ignore the fact that there may very well be some who are 'guilty' in the COVID saga, that certainly didn't have the same story as a bank that made poor bets, and the (relatively) wealthy depositors of said bank that made poor risk calculations and got burned by the black swan.
If we ignore the fact that there may very well be some who are 'guilty' in the COVID saga, that certainly didn't have the same story as a bank that made poor bets, and the (relatively) wealthy depositors of said bank that made poor risk calculations and got burned by the black swan.