4 ms·
Wasn’t 2008 crisis due to excessive risk-taking by government-backed banks? I doubt it is an “instruction” on markets efficiency — yes, if a government puts a
by nlitened 6y ago
Wasn’t 2008 crisis due to excessive risk-taking by government-backed banks?
I doubt it is an “instruction” on markets efficiency — yes, if a government puts a lot of tax and newly-printed money in ponzi-schemes, bad things will happen.