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the "too big to fail" situation is dangerous. the banks are _correctly_ making big bets because they know it's impossible to default since the government HAS to
by jotto 15y ago
the "too big to fail" situation is dangerous. the banks are _correctly_ making big bets because they know it's impossible to default since the government HAS to bail them out to prevent contagion.
- maximusprime 15y agoI don't think that's true. Many banks have fallen. Big ones as well. Also, the proper way is to vote out the government if they do something like that, and to make it clear you don't think it was a good idea. Protesting on streets is a barbaric way to do things.