Allow bad banks to fail
In a free market, companies that make bad choices must be responsible for those and allowed to fail.
Immediately related elementsHow this works
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The Global Financial Crisis »The Global Financial Crisis
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How should the US and other governments respond? »How should the US and other governments respond?
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Measures to prevent Financial Crisis recurring? »Measures to prevent Financial Crisis recurring?
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Promote the recapitalisation of the banking system »Promote the recapitalisation of the banking system
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Allow bad banks to fail
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