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by BuckYeah 623 days ago
I think you and the original metaphor maker are still not seeing the failure of the analogy. The bank with a $2B default gets bailed out by taxpayers and the billion dollar borrower gets bailed out through bankruptcy court—also the taxpayer. The person borrowing $2 screws themselves, and the same person borrowing $2 gets to bail out the bank and billion dollar borrowers.