balderdash to memes • 11 months agoGovernment moneylemmy.zipimagemessage-square120fedilinkarrow-up11.15Karrow-down148
arrow-up11.1Karrow-down1imageGovernment moneylemmy.zipbalderdash to memes • 11 months agomessage-square120fedilink
minus-square@Auxlink5•11 months agoThat’s what usually happens in Europe. Companies get bailed and either restructured or nationalised. But muh fridoomz!
minus-square@greencactuslink3•11 months agoMh, not necessarily. After 2009, many banks were just saved and not a lot else changed. Although admittedly, banks too big to fail have special monitoring and are subject to extra harsh rules, but they weren’t broken up.
minus-square@greencactuslink1•11 months agoI didn’t know about that one, thank you. I guess good examples are there, and I’ll keep it in mind now :)
That’s what usually happens in Europe. Companies get bailed and either restructured or nationalised. But muh fridoomz!
Mh, not necessarily. After 2009, many banks were just saved and not a lot else changed. Although admittedly, banks too big to fail have special monitoring and are subject to extra harsh rules, but they weren’t broken up.
Parex failed, got bailed and nationalised as Citadele. Touche.
I didn’t know about that one, thank you. I guess good examples are there, and I’ll keep it in mind now :)