Hacker News new | ask | show | jobs
by mtlmtlmtlmtl 1193 days ago
No, this is not how reality works.

Asserting that bailouts are simply "part of the system" is just a cop out.

It doesn't respond to points about the behaviour of the bank which was key to my argument. Maybe read and try again.

I will repeat again at the risk of sounding like a broken record. There is no sane, logical way of arguing that the behaviour that led to the 2008 financial crisis is that of a stable, well-regulated banking system. If you believe otherwise, you are either on drugs, or have done no research, or both.