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by HerbManic
3 days ago
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I'm not sure if they would be bailed out. The government tends to help with bank bailouts as they are essentially the hemoglobin of the economy, I see this being more like the dot-com bubble were they will just let it fall and have the bigger more entrenched player pickup the scraps for cents on the dollar. |
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Owning a chunk is pretty directly how more than one country injected confidence into their at-risk banks; it’s certainly how it was done in the UK.