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velcrovan • today at 3:30 AM • 1 reply • view on HN

A bailout would be a slap in the face when the correct solution is to nationalize them. If they are too big to fail then the government gets a controlling share of equity and we finally start the sovereign wealth fund we should have started decades ago.


Replies

wtch98 • today at 12:23 PM

How does that work when the official strategy is "Socialise the losses, privatise the profits"