> At least in the US, pretty much everything that is state-run, including state-run companies (like Fannie and Freddie) are notorious for being massive money pi

> At least in the US, pretty much everything that is state-run, including state-run companies (like Fannie and Freddie) are notorious for being massive money pits that do not generate profits. Gosh, it's almost like the state is spending tax money to help its citizens! The horror!