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The entire financial system is built on trust and stability. When a bank is rescued its shareholders suffer (by selling at a loss, nationalization, whatever). I
by flyinglizard 4y ago
The entire financial system is built on trust and stability. When a bank is rescued its shareholders suffer (by selling at a loss, nationalization, whatever). It’s not a positive outcome for them, but rescuing a bank has big implications for systematic stability.
- weard_beard 4y agoTaking a vitamin C pill and avoiding the doctor saves money fighting cancer. What’s your point?