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This has always been this way. Major investors will not plunge into some big investment without some kind of support from governments. The difference is that no
by coliveira 6y ago
This has always been this way. Major investors will not plunge into some big investment without some kind of support from governments. The difference is that now we see this support given after the fact.
- nickff 6y agoMajor investors used to risk capital on large assets, but government backstops have really changed the game. Perceived risks have gone down, as have returns. Many people cite the 1984 bailout of Continental Illinois as a turning point, but there are many examples before and after that.[1] [1] https://en.wikipedia.org/wiki/Bailout#Examples https://en.wikipedia.org/wiki/Bailout#Examples
- Tiktaalik 6y agosocialize losses, privatize gains. :\
- z_ 6y agoLemon Socialism https://en.m.wikipedia.org/wiki/Lemon_socialism https://en.m.wikipedia.org/wiki/Lemon_socialism