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But where does it stop? When I lent my friend $100 dollars when we were 16 and he never paid me back, should I have been bailed out too? If not, why not? If the

But where does it stop? When I lent my friend $100 dollars when we were 16 and he never paid me back, should I have been bailed out too? If not, why not? If the government bails out people/businesses every time something goes wrong there will be a lot more risky investments.

nerdponx 4y ago
No, because your friend isn't a tightly-regulated institution whose proper functioning is integral to the core of our economic and financial system, and as a "client" of your friend you have no reason to generally expect that your friend will be trustworthy. And yes, I do think we should have some kind of public fund to help victims of theft and fraud. I can think of many worse uses of my tax money.