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IS IT FAIR TO SAVE FAILING BANKS?
In the current environment saving some banks and letting others die is in deep discussion. What is your thought on this?
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b34r : "Fairness" is no longer the issue, it's more a question of necessity. The whole country could collapse of the entire banking infrastructure goes under.
GoldenPiggy : There are way bigger issues than “ fairness “ here. If we wanna talk true fairness , I doubt the financial world would be the first thing that comes to mind. Think Bigger
Cardinal-BagHolder : How about, if the govt bails out banks AGAIN, the people KILL all the bankers! How bout dat
minions365 : Rob the bank? If the bank dont give the money back! Is it call robbing in the first place when the people wants the money back but cannot get it back? Cash is king!
Lucky777 : In my opinion, the US gov should only guarantee the deposits only, and the small and risky banks should go bankrupt…the problem is now, the gov wants to guarantee the deposits and the survival of small banks and this can be done only through excessive money printing…and after getting the free cheap newly bailout money, these small banks will go on to create further problem in the finance sector…..
traded in : they save each other buy each others defaulted loans after making 400% on the capital already
traded in : there is no such known entity as a fed. backed financial institution.
traded in : a failed one sry