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As if that's why they got help? Come on. The risk of a domino effect of bank runs destroying the banking system, and thereby the economy, is why the government
by twblalock 4y ago
As if that's why they got help? Come on. The risk of a domino effect of bank runs destroying the banking system, and thereby the economy, is why the government acted tonight. Remember that the Biden administration are not really big fans of the tech industry.
- paganel 4y ago> The risk of a domino effect of bank runs destroying the banking system, That's the exact speech made by those people, and we know it because they have money and, hence, they have ideological clout and access to our eyes and ears. Had this been a bank from fly-over-country the discourse would have been totally different.