Too big to fail shouldn’t even be in the vernacular of our society. Every private business should be able to fail. Let it happen and the let new entrants take over and compete.
Is something does become so large and critical to the functioning of the nation that means we have either failed to trust bust or it needs to be nationalized and made a public service. If Microsoft for example were to fail tomorrow, no way in hell should we bail them out. Let them fail, let others enter the market and pick up the pieces.
Is something does become so large and critical to the functioning of the nation that means we have either failed to trust bust or it needs to be nationalized and made a public service. If Microsoft for example were to fail tomorrow, no way in hell should we bail them out. Let them fail, let others enter the market and pick up the pieces.