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Ah, but in the current climate, where everybody is worried about banks failing, another big bank failure could freak everyone out and cause another catastrophe.
by martincmartin 17y ago
Ah, but in the current climate, where everybody is worried about banks failing, another big bank failure could freak everyone out and cause another catastrophe. So perhaps propping up the banks increases sentiment more than increasing consumption in 2009?
- gnaritas 17y agoIf a sustainable level of consumption can't support the number of banks currently in operation, then some of them need to fail.