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The 2008 bailouts were all loans and taxpayers made a profit on them as they got repaid - see https://money.usnews.com/investing/articles/2017-01-19/financial-c
by PeterisP 3y ago
The 2008 bailouts were all loans and taxpayers made a profit on them as they got repaid - see https://money.usnews.com/investing/articles/2017-01-19/financial-crisis-bailouts-have-earned-taxpayers-billions https://money.usnews.com/investing/articles/2017-01-19/finan...
- FireBeyond 3y agoWhere do you think the banks got the money that enabled them to repay the loans?
- PeterisP 3y agoFrom the mortgages, just as they should, and just as the borrowers (i.e. "the willing participants") deserved to pay - it's not a burden on some unrelated taxpayers.