Zoom out. That is such short term thinking.
Bailouts keep inefficient and/or incompetent companies from going bankrupt. Delays and exacerbates the problem. It prevents the resources within company from being recycled into economy for higher/better use.
I disagree, what creates anomalies is the wrong use of credit. When a credit bubble bursts, companies that were not engaged in bad practices are dragged down. @3 the 1929 > 1933 period is your historical example of what not bailing out leads to.
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1G7DLq695juhR7QFz5jn1AaXH55Hxn4kZS VerifiedOf course they are dragged down, as that’s the ebb and flow of a market. Majority of strong worthwhile companies will endure.
companies not prepared for a market crash aren't properly managing risk
big companies going bankrupt opens up the market to new and innovative companies
so what does student education do?
what?
The market crash is just a symptom. The real problem is the sudden shrink in money+credit supply and consequent cost of liquidity.
Not all bailouts are good, not all are bad.
What’s an example of a good govt bailout?
Go back to 1934 and try to convince them of that 😜