[onlyrealcuzzo]

Not really - they'd need to print $200B - which is 1/4th of GDP.

That would match what the US printed during the pandemic ($5.2T) adjusted to the size of the economy. You would expect to get similar devaluation of the currency.

And for what?

Credit Suisse has been one of the worst banks in the world for a decade.

They only employ 26k people in Switzerland (0.5% of the workforce).

[TacticalCoder]

> And for what?

The definition of a "systemic" bank is one that, should it fall, could take the world's entire financial system down with it.

So the "for what" would be: to prevent the world's entire financial system from crumbling.

Should one systemic bank fall and make all the other systemic ones fall like dominoes then it's definitely not unthinkable that there'd be logistics issues and very likely famine in some places and probably civil war in several countries. Politicians may not care much: but they care about getting re-elected. And the whole system crumbling and famine and civil war means politicians not getting re-elected.

I mean... Take a small player like SVB: it's not even on the list of systemic banks. A measly $177 bn AuM: that's literally one order of magnitude smaller than Crédit Suisse.

And yet everybody was whining and crying for SVB deposits to be saved and the goverment came to the rescue.

[resource0x]

If they don't bail it out, we will have Financial Crisis 2.0. Just the magnitude of derivatives portfolio of CS is enough to accomplish that. Panic ensues. Contagion will engulf other big banks, starting with DB. Will DB be allowed to fail too?

But if they do bail out, then other national banks will have to quickly bail out their banks, too. Almost every bank in the world will have to be bailed out.

Neither option is good.