balderdash@lemmy.zip to memes@lemmy.world · 10 months agoGovernment moneylemmy.zipimagemessage-square101fedilinkarrow-up1992arrow-down141
arrow-up1951arrow-down1imageGovernment moneylemmy.zipbalderdash@lemmy.zip to memes@lemmy.world · 10 months agomessage-square101fedilink
minus-squareAux@lemmy.worldlinkfedilinkarrow-up6arrow-down1·10 months agoThat’s what usually happens in Europe. Companies get bailed and either restructured or nationalised. But muh fridoomz!
minus-squaregreencactus@lemmy.worldlinkfedilinkarrow-up3·10 months agoMh, not necessarily. After 2009, many banks were just saved and not a lot else changed. Although admittedly, banks too big to fail have special monitoring and are subject to extra harsh rules, but they weren’t broken up.
minus-squareAux@lemmy.worldlinkfedilinkarrow-up1·10 months agoParex failed, got bailed and nationalised as Citadele. Touche.
That’s what usually happens in Europe. Companies get bailed and either restructured or nationalised. But muh fridoomz!
Mh, not necessarily. After 2009, many banks were just saved and not a lot else changed. Although admittedly, banks too big to fail have special monitoring and are subject to extra harsh rules, but they weren’t broken up.
Parex failed, got bailed and nationalised as Citadele. Touche.