[jsutton]

Socializing losses is what enables high risk high reward businesses. Without it, the US wouldn't be half the innovative country it is now.

[swatcoder]

If you just keep amplifying volatility by throwing more money onto the table, you will eventually see a bust that sees you leave the casino for a life on the streets. It can look like ratcheting for a while when you've collected a few of big wins, but eventually one of your busts will be so big that it wipes you out entirely. That wouldn't be so great for that country you're talking about.

[kennywinker]

When people complain about privatized profits and socialized losses, usually the part they’re upset about is the privatized profits

[drewcoo]

citation needed

[inpdx]

It's not high risk by that definition.