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The banks/markets are in failing mode since 2012, with constant bailing out, quantitative easing. In USA, UE, UK... Causing banks addiction, and inflation 2020
by guilhas 4y ago
The banks/markets are in failing mode since 2012, with constant bailing out, quantitative easing. In USA, UE, UK... Causing banks addiction, and inflation
2020 was record money printing, causing inflation, so Liz Truss set a plan to reform quantitative easing to try reduce inflation, and the markets reacted bad
The age old question, are banks to big to fail? What will happen to saving, mortgages, pensions etc... if you start restricting bailouts? Maybe some will just take their money to EU where they still have a cushion, in the always win casino
But no doubt reform is needed
- rcarr 4y agoWe are living in a zombie economy, the living are sacrificed to feed the dead. Bad companies, bad banks and, ultimately, bad ideas need to be allowed to die and successful ones allowed to take their place. You can’t fight the circle of life! https://en.m.wikipedia.org/wiki/Zombie_bank https://en.m.wikipedia.org/wiki/Zombie_bank