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I drink your milkshake! a metaphor for capitalism
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<blockquote data-quote="It will be fine" data-source="post: 2629822" data-attributes="member: 55017"><p>It wasn't feasible to do it then. All the big players have so much interconnected debt the entire worldwide economy would have fully collapsed if they were allowed to fail. Smaller banks would not have been able to handle the debt load a breakup would entail at that time. It should be done now that things have stabilized. Cut them up and have them reorganize internally into smaller institutions.</p></blockquote><p></p>
[QUOTE="It will be fine, post: 2629822, member: 55017"] It wasn't feasible to do it then. All the big players have so much interconnected debt the entire worldwide economy would have fully collapsed if they were allowed to fail. Smaller banks would not have been able to handle the debt load a breakup would entail at that time. It should be done now that things have stabilized. Cut them up and have them reorganize internally into smaller institutions. [/QUOTE]
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I drink your milkshake! a metaphor for capitalism
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