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Wednesday, 15 April 2020

Bailouts Don’t Save the Economy. They Prop Up Companies That Should Be Allowed to Fail

https://ift.tt/eA8V8J

If we keep bailing out corporations during every crisis, we'll end up with implicitly state-owned enterprises, and a lack of economic dynamism.

via CoinDesk https://www.coindesk.com/bailouts-dont-save-the-economy-they-prop-up-companies-that-should-be-allowed-to-fail

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