Why did companies get bailouts during the 2008 global financial crash?

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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

33 Answers

Anonymous 0 Comments

Because they have friends in high places that got some of that money as well. You just have to create a story for the masses that their future and their current standard of living is dependant on these bad, poorly run companies staying in business.

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