balderdash@lemmy.zip to memes · 1 year agoGovernment moneylemmy.zipimagemessage-square121fedilinkarrow-up11.15Karrow-down148
arrow-up11.1Karrow-down1imageGovernment moneylemmy.zipbalderdash@lemmy.zip to memes · 1 year agomessage-square121fedilink
minus-squareAuxlinkfedilinkarrow-up6arrow-down1·1 year agoThat’s what usually happens in Europe. Companies get bailed and either restructured or nationalised. But muh fridoomz!
minus-squaregreencactuslinkfedilinkarrow-up3·1 year 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-squareAuxlinkfedilinkarrow-up2·1 year agoParex failed, got bailed and nationalised as Citadele. Touche.
minus-squaregreencactuslinkfedilinkarrow-up1·1 year 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 :)