[akoncius]

too-big-to fail banks were bailed out also by people who are not loaning money, so it’s kinda same. just profits are private, damages are paid by public. in this regard private banks are worse. the main issue with government bank I see is that it will be very tempting for politicians to use public bank as a tool to buy votes for people by promising low interest rates or something not viable in long term, and doing damage to economy for short term political gain.