Post #48835
2025-12-10 13:59 UTC
Nonsense, if companies took the loss from 2008 many banks and PE wouldn’t exist right now. A key part of capitalism is companies failing from bad investments, entropy, or other factors. You need the bust to create the boom.
Replies (1)
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@PeriodicallyPedantic@lemmy.ca 2025-12-10 16:39
The Chicago school opposes monopolies and bailouts, but they support the conditions that inevitably lead to monopolies and too-big-to-fail companies.