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Obviously, you can't let them all fail, but if you don't let significant banks go under, how do you address the systematic moral hazard that encourages this beh
by damoncali 14y ago
Obviously, you can't let them all fail, but if you don't let significant banks go under, how do you address the systematic moral hazard that encourages this behavior? It's a big problem, that, if anything, is worse now than it was in 2008.
- btilly 14y agoSplit the banks up. One bank that is too large to fail can become 5 banks that individually can fail. Unfortunately we've gone the other way.