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ELI5: Why were the banks and not private citizens bailed out at the last financial crisis? (by Sparky)
(29 / M-F / Massachusetts)
ELI5: Why were the banks and not private citizens bailed out at the last financial crisis?
It seems that would have bolstered the consumers and protected the banks in turn since people wouldn’t have defaulted on their bank loans (by having money)?
Source.
It seems that would have bolstered the consumers and protected the banks in turn since people wouldn’t have defaulted on their bank loans (by having money)?
Source.
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