Didn’t some of these companies cause the crash? Or at least help it. Feels kind of unfair that they get off scot-free.
What would have happened if the government didn’t bail them out? Would we ever recover?
In: Economics
If the companies were not bailed out the *entire* banking system would imploded.
thst would have meant, no banks to put your money in, no ATM cards, no credit cards, no car loans.
literally no banks.
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