this post was submitted on 19 Aug 2026
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This is otherwise known as a TAXPAYER FUNDED BAILOUT. Socialize the loss, privatize the gain.
Let them burn in the fire they set.
They are too big to not be bailed out; the loss absolutely will be a millstone around the budget for over a generation. This will cause a lot of suffering and make the rich richer and the majority of us much poorer
Edit: I was predicting what would happen, not what should happen. It’s very easy to state what the corrupted government will do. I in no way support what is surly inevitable by the wicked ones
A forest needs fire to clear out undergrowth or the fire will be even bigger and more damaging next year.
Markets are the same. Either we let them die now or we have even worse problems when they die later.