4 ms·
It'll get worse if they're bailed out! It would totally change the perception of risk if they'll be saved every time they shit the bed.
by corbulo 4y ago
It'll get worse if they're bailed out! It would totally change the perception of risk if they'll be saved every time they shit the bed.
- skwirl 4y agoOh no people might continue putting money in bank deposit accounts at banks regulators have said are solid, we definitely don't want people doing things so totally unnecessary and crazy.
- corbulo 4y agowhat are the implications of a bank that cannot fail no matter how reckless it is with everyones money?
- skwirl 4y agoThe bank is already shut down, dead, gone, past tense. It's shareholders are wiped out, as they should be. Nobody is calling to save a bank that doesn't exist anymore. We're talking about the depositors. I think this has been confusing to a lot of people.
- corbulo 4y agoyou're calling for the state to insure 100% of all deposits?
- mtlmtlmtlmtl 4y agoOnly when the depositors have lobbyists on their payroll ;)