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A comment on The average Greek is working a full 40% longer than the average German. Parent comment

Re:The average Greek is working a full 40% longer than the a... by megablast on Monday May 14, 2012 @06:11AM (#3970315)
What does one have to do with the other? Bailing out banks does not happen so people can still keep spending recklessly, it comes from the belief that letting banks fail will cause major harm to the financial system.
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Re:The average Greek is working a full 40% longer than the a... by arethuza on Monday May 14, 2012 @06:33AM (#3970364)
"Financial bailouts of lending institutions by governments, central banks or other institutions can encourage risky lending in the future if those that take the risks come to believe that they will not have to carry the full burden of potential losses."

http://en.wikipedia.org/wiki/Moral_hazard

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