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amy-petrik-214 | 1 year ago

On the topic of "let it fail, they are benefiting too hard" -> "moral hazard". happened in 2008, as a counterexample, bank-wise... ... and they did indeed let it fail. see bear stearns or lehman another word to throw around here is monopoly as in these companies have monopoly (or duopoly) on the american market i.e. boeings domestic planes, intels domestic fabs. So what are we doing here. We have 5 or more huge banks (not a monopoly), we let them fail, when things are more monopoly seeming, "oh no we need to keep it". Really? A monopoly? The thing the gobmint is sposed to be destroying and it's breathing life into it?

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