It is has been asserted that the large banks are too big to fail as that would damage society
Society can not continue with private infrastructure that can not be allowed to fail without damage
To do so would be to place the perpetuation of a large bank above the needs of society
Too big to fail means that large banks are too big for the general wellbeing of society
BIG IS UGLY
If large banks are too big to fail, they are too big to exist anymore, and must be broken up so that what remains can fail without damaging society
NO MORE TOO BIG BANKS
What Goes Around
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Today is a holiday in Ireland. We celebrate the dead saints.
The post What Goes Around appeared first on Daily Reckoning Australia.
1 year ago
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