Economies can be modeled to fit any way so that it is in balance with fundamental rules in play within of a sovereign country/region. First thing that needs to

Economies can be modeled to fit any way so that it is in balance with fundamental rules in play within of a sovereign country/region. First thing that needs to be modeled correctly is the government. Whats is it? Is it going to be authoritative or democratic. Now if it is authoritative, it servers a minority in power. If its democratic, shouldn't it be optimized for welfare of its citizens? Once that is defined, it becomes easy to model economy right. The right thing that should've been done is to let go of attitude "too big to fail" and let the market correct itself. Contracts were made between banks and investment banks. Those were valid contracts. Those who found themselves at the short end of the stick knew what they were getting into. It was the expert bankers who created those contracts. They didn't held their end of the deal. They basically caused a mess and got away scott free.