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Government money (lemmy.zip)
submitted 8 months ago by [email protected] to c/[email protected]
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[-] [email protected] 5 points 8 months ago

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

[-] [email protected] 3 points 8 months 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.

[-] [email protected] 2 points 8 months ago

Parex failed, got bailed and nationalised as Citadele. Touche.

[-] [email protected] 1 points 8 months ago

I didn't know about that one, thank you. I guess good examples are there, and I'll keep it in mind now :)

this post was submitted on 05 Jan 2024
1093 points (96.0% liked)

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