Capitalism will always result in this as banks represent liquidity in a capitalist system

Letting shareholders, investors and unsecured creditors lose everything while protecting depositors isn't 'too big to fail', either

Nailed it!

i guess you talk about the svb failure?

if deemed necessary we would get the full bank rescue playbook

i would not say its necessarily a consequence of capitalism, this is the bank-government fiat money system at work

#clownworld



This post was edited by Djunior on Mar 21 2023 04:04am

You serious？

Yes

https://www.foxbusiness.com/financials/twitter-users-erupt-irs-calls-thieves-report-stolen-income-good-know

This post was edited by Djunior on Mar 21 2023 04:12am

Maybe make the riches pay taxes first instead of scamming their own people before targeting "small" bzsiness

This post was edited by Bananii on Mar 21 2023 04:33am