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
How should the US and other governments respond? »How should the US and other governments respond?
Measures to prevent Financial Crisis recurring? »Measures to prevent Financial Crisis recurring?
Promote the recapitalisation of the banking system »Promote the recapitalisation of the banking system
Allow bad banks to fail
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