💯

But, unfortunately regulators have & will continue to protect consumers via bailouts backed by our money 😂

But then they’d be forced to act responsibly.

This reminds of those fancy terms people use a lot. I think it’s like “free market” or “capitalism” something along those lines? You know, that thing the government claims we have here.

I would say better ::

Banks must be allowed to fail.

Because then would come the racket of who decides what is poor risk management