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delichon • today at 1:43 PM • 3 replies • view on HN

Better to just oppose all bailouts for all sectors, always.


Replies

rcpt • today at 3:45 PM

Most of world did worse in 2008. The bailout worked in the US

ramesh31 • today at 4:31 PM

>"Better to just oppose all bailouts for all sectors, always."

This is exactly the line of thought that turned the Wall Street crash into the Great Depression, which we learned from and did not repeat in 2008. The answer lies somewhere in the middle.

ajross • today at 1:45 PM

That's the logic that led to "Let's just let Lehman fail" and precipitated the 2008 crash. At scale, markets are not zero sum and failures sink all boats.

There are no good answers here. But pointing fingers and assigning blame is for sure one of the worst ways to do the analysis.

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