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Wait so, you're in favor of the bank being bailed out here? The phrase "too big to fail" doesn't mean it's impossible for it to fail; that's not a thing. It me
by teawrecks 4y ago
Wait so, you're in favor of the bank being bailed out here?
The phrase "too big to fail" doesn't mean it's impossible for it to fail; that's not a thing. It means the govt/public feeling obligated to bail it out when it does fail because the public thinks they're so dependent on it that they're worse off of they let it fail.