• Aux@lemmy.world
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    1 year ago

    That’s what usually happens in Europe. Companies get bailed and either restructured or nationalised. But muh fridoomz!

    • greencactus@lemmy.world
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      1 year ago

      Mh, not necessarily. After 2009, many banks were just saved and not a lot else changed. Although admittedly, banks too big to fail have special monitoring and are subject to extra harsh rules, but they weren’t broken up.