Rockefeller's Sharma: Letting anything fail is too difficult because everything is too big to fail -

Mar 28, 2023
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Rockefeller's Sharma: Letting anything fail is too difficult because everything is too big to fail - YouTube

Unknown how US gets out of bailout guaranteeds.

"Capitalism had a minimalist government culture in their mind." Until GreatDepression when power was taken too far. We've kept increasing government.

Rescue Culture started in 1980s with a bank.

The interconnectedness is something that scares us.

Why do we have such low productivity growth? So much government intervention undermines capitalism?

"I have no doubt they're all (not just banks) going to be rescued, because there's no appetite for any pain." The political consensus is not there for that. "What should be done and what will be done are two very different issues."
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<div><a target="_blank" href="https://www.youtube.com/watch?v=IMVRyb6vWsw">Rockefeller's Sharma: Letting anything fail is too difficult because everything is too big to fail - YouTube</a> <br></div><div><br></div><div>Unknown how US gets out of bailout guaranteeds. <br></div><div><br></div><div>"Capitalism had a minimalist government culture in their mind." Until GreatDepression when power was taken too far. We've kept increasing government. <br></div><div><br></div><div>Rescue Culture started in 1980s with a bank. <br></div><div><br></div><div>The interconnectedness is something that scares us. <br></div><div><br></div><div>Why do we have such low productivity growth? So much government intervention undermines capitalism? <br></div><div><br></div><div>"I have no doubt they're all (not just banks) going to be rescued, because there's no appetite for any pain." The political consensus is not there for that. "What should be done and what will be done are two very different issues." <br></div>
Rockefeller's Sharma: Letting anything fail is too difficult because everything is too big to fail - YouTube

Unknown how US gets out of bailout guaranteeds.

"Capitalism had a minimalist government culture in their mind." Until GreatDepression when power was taken too far. We've kept increasing government.

Rescue Culture started in 1980s with a bank.

The interconnectedness is something that scares us.

Why do we have such low productivity growth? So much government intervention undermines capitalism?

"I have no doubt they're all (not just banks) going to be rescued, because there's no appetite for any pain." The political consensus is not there for that. "What should be done and what will be done are two very different issues."

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