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How'd that work out for the bankers and stock traders?
by setpatchaddress 6y ago
How'd that work out for the bankers and stock traders?
- rurp 6y agoIt worked out pretty great for them, everyone else though... not so much. The bankers got to enjoy inflated profits and bonuses for years knowing that the government would step in when things eventually blew up. Privatizing the gains and socializing the losses is a playbook the tech giants are all too happy to keep pushing as long as the government allows them to.