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6 Answers

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  • mom
    Lv 6
    8 years ago
    Favorite Answer

    Theoretically it would be allowed to fail in a Capitalist society. However, if people would only look back to the 1980's they would remember what a time there was in this country when the Savings and Loan Scandal hit. That wasn't a good time.

  • 4 years ago

    If a financial employer is only too vast to fail --Then what the hell are we doing giving money to them? they are too vast to fail are not they? *LOL* permit's enable them to sink or swim and spot in the event that they are too vast to fail. in the event that they are not too vast to fail then permit the FDIC conceal the depositors and carry a backyard sale for what's left over. the individuals with a modicum of intelligence are greater worried concerning the spending that is going on in government at present. we are going to shield that problem with we get the bigger fish fried. flow to an amortization table. discover out what it takes to repay a $10K 30 12 months own loan at 4% making one fee a 12 months. Now upload 9 zeros on the tip of that and you have what that is going to take to repay the national debt you and that i owe at present. Now in case you have a $10 trillion dollar debt at 4% and you pay no longer something to theory or pastime. in only 18 years that debt has grown to $20 trillion. in case you pay the pastime each and every 12 months you've got paid $7.2 trillion dollar and you will nevertheless owe the unique $10 trillion. that's what is going to take place if we don't tell Congress and the President to end spending greater then government is taking in. the subsequent funds has a projected shortfall of $a million.8 trillion. Liberal or conservative. Republican, Democrat, or maybe self reliant. neglect concerning the purple herrings. no longer even the super usa can spend like we are doing now and not have the full component ultimately come down like a house of enjoying cards! Too vast to fail is organic BS!

  • meg
    Lv 7
    8 years ago

    Yes But it will not solve the problem if they all do the same dumb things like they did during the housing bubble, so it is not enough.

  • 8 years ago

    Yes...they are the very problem with this world!

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  • M
    Lv 7
    8 years ago

    No, they should just be allowed to fail

  • Sean
    Lv 6
    8 years ago

    Regardless, all the executives should be fined and jailed.

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