This seems like a good solution but it could also open a can of worms for politicians. What would happen to people's 401k savings? What about the real estate market?
long live deleveraging down to 3/1; banks ought to return to serve wealth creators in the real economy and the distinction made between wealth generation in the real economy and easy monetary gain from gambling and cheating on the money markets
But help those big banks such as Citi is almost the same thing. They help the big ones not to fall and to stay big. Sure both things are bad but I just wanted to point this out.
why not 50 banks for each state, with 50B each, for a total of 2.5T @ 2:41?
rachelmac8 6 months ago
Government capitalizing banks.... bad idea. [Kahn fail]
Let banks fail and new banks start.... good idea.
tnekkc 9 months ago
KhanAcademy Forum
when will we see this^ ?
RobertW1809 1 year ago
This seems like a good solution but it could also open a can of worms for politicians. What would happen to people's 401k savings? What about the real estate market?
It would be great to have a discussion on this.
java0317 1 year ago
long live deleveraging down to 3/1; banks ought to return to serve wealth creators in the real economy and the distinction made between wealth generation in the real economy and easy monetary gain from gambling and cheating on the money markets
aw18678 1 year ago
Math solves EVERYTHING!!!!!!!
crumcon 2 years ago
no debt = no money..how pathetic
blumyztikk 2 years ago
But help those big banks such as Citi is almost the same thing. They help the big ones not to fall and to stay big. Sure both things are bad but I just wanted to point this out.
ewertoza 2 years ago
They'd have to at least extend the guarantee to any qualifying bank.
ananiasacts 2 years ago