2 ms·
You forgot the most important point, Moral Hazard. Everyone knows that the govt will bail them out during the next crisis so no need to check the reckless beha
by sumedh 8y ago
You forgot the most important point, Moral Hazard.
Everyone knows that the govt will bail them out during the next crisis so no need to check the reckless behaviour.
Capitalism for profits, Socialism for losses.