When they go down, they take the savings of their investors with them. You end up having to turn to the government to either bail them out or guarantee the savings. Perhaps there should be a limit on the size that these financial institutions can reach.
@DuskTredder or don't bail them out when they fail. Our government shouldn't be socializing a company loss with tax payer dollars. Our government doesn't have to, need to or should bail anybody out.
How can you allow Banks to "suffer loses"?
When they go down, they take the savings of their investors with them. You end up having to turn to the government to either bail them out or guarantee the savings. Perhaps there should be a limit on the size that these financial institutions can reach.
DuskTredder 3 months ago
@DuskTredder or don't bail them out when they fail. Our government shouldn't be socializing a company loss with tax payer dollars. Our government doesn't have to, need to or should bail anybody out.
Djarms67 3 months ago