Show of HandsShow of Hands

trepidhickory August 19th, 2015 3:06pm

If a bank is so large that it's collapse would result in a major economic Crash, should the government step in and split the bank up into smaller banks?

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6079
08/24/15 7:55 pm

Hands off ( ͡° ʖ̯ ͡°)

elianastar Gab.ai FreeSpeech
08/24/15 1:37 pm

Absolutely positively not. This is how a free market adjuster. To do otherwise not only postpones the problem but makes eventual correction worse than it would have been if nature had taken its course in the first place. As we will experience.

elianastar Gab.ai FreeSpeech
08/24/15 1:38 pm

... probably sooner rather than later...

EndTheFediFunny Iowa
08/24/15 8:48 am

God no. Free market controls itself

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Zod Above Pugetropolis
08/22/15 1:40 pm

Definitely. Because we learn from events in our very recent past, and adjust, rather than just doing the same stupid thing over and over and over again.

ezh2o Texas Hill Country
08/22/15 11:12 am

let it fail, FDIC will make the depositors good . . .

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curtron basement of the Alamo
08/22/15 8:40 am

The gov and a bank that big are already in bed together.

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FarmerManE djent
08/22/15 6:35 am

Yes, but the fed is already split into 12 banks. Idk what else they could do to help it

suppressedID That is my secret Cap
08/19/15 9:35 am

"...all threats, foreign or domestic..."

Operative word = all.

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trepidhickory Ayy Lmao
08/19/15 12:20 pm

That's an interesting way to look at it

trepidhickory Ayy Lmao
08/19/15 8:07 am

It makes sense to me as a logical decision to protect our economy.

BUT I don't think the government should be able to force a company to get smaller.

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steelcity Pittsburgh
08/20/15 4:14 am

Spin off operating units. Northeast bank dba Bank of America. Southeast bank dba BoA etc.