> It’s a miracle markets didn’t notice this “damned if you succeed damned if you don’t” type of inevitable checkmate
They learned from 2008 that Too Big Too Fail(tm) means the government bails you out.
This was the problem with not OBLITERATING the banks in 2008. Had the US government taken over the banks and wiped the investors, there would be more pushback right now.
They learned from 2008 that Too Big Too Fail(tm) means the government bails you out.
This was the problem with not OBLITERATING the banks in 2008. Had the US government taken over the banks and wiped the investors, there would be more pushback right now.