• Bye@lemmy.world
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    11 months ago

    The bailouts were loans. The us govt got that money back.

    Those banks should have been punished though, allowed to fail.

    • Tak
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      5 months ago

      deleted by creator

    • explodicle@local106.com
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      11 months ago

      Yes, the private sector did have enough capital to cover those loans. The public sector did it because it was a bad investment when you count opportunity cost.