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You act as if there are only two choices, bail them out with no strings attached or let the whole economy crumble. We should bail them out and then imposse ser
by jshen 15y ago
You act as if there are only two choices, bail them out with no strings attached or let the whole economy crumble.
We should bail them out and then imposse serious penalties and regulations. Sadly we didn't do that.
- nickik 15y agoWhy would you bail them out? The banking sector is much bigger then it should be and its natural that the sector shrinks again after a bust. The the economy crumbels when banks fail is just wrong, the world would have much less problems if the bad banks just failed.