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USSR, as the country, failed because of central planning. Bailout is not a good solution too, because capital flow from competitive players to incompetent, whi
by drran 6y ago
USSR, as the country, failed because of central planning. Bailout is not a good solution too, because capital flow from competitive players to incompetent, which is bad for evolution. US banking system is far behind other banking systems because of that.
- quietbritishjim 6y agoI absolutely was not expressing an opinion either way. All I was saying is that the parent comment was raising a point that supported the opposite argument than they thought, not that I agreed or disagreed with it.