Message from @Attika
Discord ID: 683191911971815441
Thats how I knew she was the one
Explain
Plz
Banks
Are you saying the economy is too big to fail?
Or the concept of too big to fail?
Im confused
What are you saying
The global economy is too big to fail.
P much.
Wrong
I disagree.
Actually the global economy is quite delicate
They said the banks were too big to fail in 2008
^^^
But imagine if China goes into civil war
2nd largest economy in the world
Gone
Global Economy goes kaput
Governments would rather bail it out than let it happen.
And if the government runs out of money?
That is a possibility
In a "complete crash" scenario
Besides, the US has had a partial war economy since WW2. We’d be selling arms to both sides and making trillions. @Attika
Imo banks should be required to have 95% cash reserve
@Maksim They could devalue and replace or make more and give it a set value to the government.
And force the economy to accept it.
Businesses don’t have an alternative. A bad hit and continued existence is better then oblivion.
You can prevent a crash by banning sale of stock
Temporarily
Reeeee
Again, just bail out.
Not like we’re ever going to pay off our national debt anyways. Who the fuck can collect on it? @Maksim