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The government is an institution and they lost money. Entire banks were nationalised in a single night.
by MomoXenosaga 5y ago
The government is an institution and they lost money. Entire banks were nationalised in a single night.
- croes 5y agoBanks mean nothing. They shiftet their assets to other banks and nationalized mainly the debt. As a consequences they cut pensions, cut benefits and raised taxes on the middle class. The top 1% was spared and saved and got even richer in the crisis.