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The way many people remember it is millions lost their homes and livelihood while the bankers who had made billions in bad loans got golden parachutes and baile
by kneebonian 3y ago
The way many people remember it is millions lost their homes and livelihood while the bankers who had made billions in bad loans got golden parachutes and bailed out, at the same time most people were wondering how they were going to eat.
Honestly, things would've been rough, but I think they would've been better if we would've let the economy and the extra waste it has bleed like a stuck pig.
- pohl 3y agoHonestly, I was thinking older than that, like the S&L crisis in the 80s. What I remember most from the crash you referenced is that the Dodd–Frank regulations getting rolled back not long after. An ounce of prevention, ya know.