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I did not say that, and I certainly don't think they should be. Nor do I think the banks should have been bailed in 2008. Some indvidual banks were directly b
by jacknews 4y ago
I did not say that, and
I certainly don't think they should be.
Nor do I think the banks should have been bailed in 2008. Some indvidual banks were directly bailed, the entire industry was indirectly bailed.
- Ekaros 4y agoBanking is kinda special industry that if it goes down entire economy goes down. On other hand many other sectors have same position, but they can be nationalized. Closest thing is probably bailing out auto-industry, but I don't think there is appetite to do same with crypto as it really doesn't employ directly or indirectly enough people to matter.