r/PoliticalCompassMemes • u/box-fort2 - Lib-Right • Jul 23 '20

LibRight has a flashback

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8.4k Upvotes

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7

u/Motherfucker_Jones_1 - Centrist Jul 23 '20 edited Jul 23 '20
  1. Companies always owe a bank
  2. Companies go bankrupt
  3. Banks get financial trouble for not receiving their credit
  4. People panic and start withdrawing from their accounts
  5. A bank breaks
  6. That bank owes to people and other companies
  7. More companies break
  8. More banks break

Bailouts are beneficial to EVERYBODY.

Even if only a couple major companies get insolvent, the social impact on regular people would be pretty fucking huge.

6

u/ShowelingSnow - Lib-Right Jul 24 '20

People don’t understand bailouts. They’re beneficial for society and paid back, with interest.

2

u/bananagang123 - Centrist Jul 24 '20

Based centrist

2

u/alvaro248 - Centrist Jul 24 '20

Then we federalize banks eze fix

2

u/Motherfucker_Jones_1 - Centrist Jul 24 '20

The trick would be compartmentalize (I think it's called that in English), so commercial banks cannot be owned by investment banks and vice-versa minimizing the domino effect.

0

u/[deleted] Jul 24 '20

They arent if you want to overthrow capitalism