2 ms·
> The entire banking system was about to be revealed as a total clown show scam (that it is) if they weren’t going to step in here. It's fairly simple: When t
by logifail 4y ago
> The entire banking system was about to be revealed as a total clown show scam (that it is) if they weren’t going to step in here.
It's fairly simple:
When things are going well, entrepreneurs want the state and its oh-so-tiresome regulation to get out of their way.
Then, when things don't go well, it's those very same entrepreneurs who claim it's necessary for the state to step in and save everyone.
https://twitter.com/BillAckman/ https://twitter.com/BillAckman/ is quite the read at the moment.