When the house of cards collapses? No one dies. Taxpayers foot the bill.
Free markets don’t exist when losses are socialized, and profits stay private until you watch it on Netflix 20years after.
When the house of cards collapses? No one dies. Taxpayers foot the bill.
Free markets don’t exist when losses are socialized, and profits stay private until you watch it on Netflix 20years after.
I meant the companies should just die with no bailouts like Enron or Lehman Brothers. But adding government oversight for a problem it created is not a solution.