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Oh good. Too big to fail now thinks they are too diversified to fail. This will end well.
by johnebgd 7y ago
Oh good. Too big to fail now thinks they are too diversified to fail.
This will end well.
- bshipp 7y agoSeriously. The last recession was deferred by a massive injection of capital that cut lending costs to almost nothing. The current economy is buoyed by elevated asset prices. If anything, the economy is far more fragile now than it was even 15 years ago, before the 'great recession'. What hubris.