It’s not about how many people they employ. That wasn’t an issue during the 2007/08 banking crisis either. It’s about how much capital is tied up with them. Most voters would probably say “just let them fail”, but the people whose money it is are the ones who have easy access to the politicians, and they’re saying “this is too big to fail”.
Doesn’t matter. There isn’t enough currency in existence to make them profitable because they fundamentally cannot do the things they claim they will be able to do.
It doesn’t matter how fast you breed your horses, they will never give birth a locomotive.
It’s not about how many people they employ. That wasn’t an issue during the 2007/08 banking crisis either. It’s about how much capital is tied up with them. Most voters would probably say “just let them fail”, but the people whose money it is are the ones who have easy access to the politicians, and they’re saying “this is too big to fail”.
Doesn’t matter. There isn’t enough currency in existence to make them profitable because they fundamentally cannot do the things they claim they will be able to do.
It doesn’t matter how fast you breed your horses, they will never give birth a locomotive.
That’s why they need a bailout.