balderdash@lemmy.zip to memes@lemmy.world · 2 years agoGovernment moneylemmy.zipimagemessage-square102fedilinkarrow-up1992arrow-down141
arrow-up1951arrow-down1imageGovernment moneylemmy.zipbalderdash@lemmy.zip to memes@lemmy.world · 2 years agomessage-square102fedilink
minus-squareAux@lemmy.worldlinkfedilinkarrow-up6arrow-down1·2 years agoThat’s what usually happens in Europe. Companies get bailed and either restructured or nationalised. But muh fridoomz!
minus-squareEduard@lemmy.worldlinkfedilinkarrow-up3·2 years 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-up1·2 years 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.