>f it'll be harder to get money
LIke thats a bad thing
NO MORE BAILOUTS
Banks never foreclosed on all those homes in 2008. People still living in them for free. Took the TARP money and it disappeared. Now they'll cuck the taxpayer for 10x more. And the US will do it. Because they're goyim slaves. Banks make massive amounts of money and never loose. Just like Vegas casinos. But they can always make more and stupid white American men can pay for it. Nobody else will.
>banks are an essential service
Just like gamestop
The banks dont have to run at full capacity. Its all automated. My money shows up in the bank on schedule, and my debit card works flawlessly all night long when there is nobody there to do any of that shit.
My bank could be empty for months and as long as the power and telecommunications stay connected then my shit will continue to work just fine.
They are not required to be staffed, they have no real expenses.
Why are your mortgage companies called silly names? Fannie Mae and Freddie Mac sound like Monty Python characters.
Anyway, can we not just declare Jubilee across the planet now? Reset all debts to 0.00 together at once, and just push onwards. It would save a lot of faffing about. In less than six months we'd be back to square one no doubt, but by then this corona bullshit would be contained to the point of being background anyway.
>banks going bankrupt does more harm to people.
Prove it. It's quite a claim, with only vague hand waving about lost jobs behind it. Nigga - the jobs are already lost (much like 2008)
you morons talk about how big banks are bad but then want to make it impossible for new businesses to grow and succeed in the market, regulating banks so tightly will just worsen wealth inequality.
fucking idiot lmao, I know you people don't give a shit and act like the stock market is a nebulus thing but nationalizing the banks is a good way to send that plummeting and these banks not only don't turn a profit but will eat into taxpayers money just to run and are still going to need massive government injections in situations like this.
As usual the problem with this is it punishes those of us who have struggled hard to actually pay our debts. What is needed is the big institutions to actually be forced to fail for loaning to imbeciles. And NO - the government didnt force them to do this over and over. It is a scam. Wake up.
Are you jewish and live in London perchance?
>you morons talk about how big banks are bad but then want to make it impossible for new businesses to grow and succeed in the market, regulating banks so tightly will just worsen wealth inequality.
You talk about wanting buisinesses to grow, but when the banks crash the economy, forcing productive, profitable businesses to fail, you want to bailout the banks instead of help the small or modestly large businesses.
Your idiotic libertarian talking points dont even make any fucking sense when placed against the boom bust cycles of kynesian evil.
Sure if we had responsible austrian (or similar) policies, we could be libertarians, but we dont, so all you are doing is making excuses and tired outdated arguments for a globalist system that has nothing to do with market forces.
Fuck the big banks and the big multinationals who make 100s of billions of profit, but cannot spend their own $ to fix their shit when it blows up every 5-10 years.
Fuck you.
I don't doubt what you say, yet we keep throwing money at banks and it never solves the crisis.
The government should have taken the corona bailout and reverse taxed everyone with an active NI number £5000 instead. Not only would that be money in our pockets to keep paying our bills no matter what happens in the next three months, every penny would be money in the banks too. Trickle up, not trickle down. HMRC is fully computerised now. They take money out at the press of a button. Well, the money could be pumped into our accounts by the same system, rather than what we've done which is lump summed Barclays only for them to turn around to businesses and lie that the business "doesn't meet gov criteria for the 0% loan" when they do, and then bare faced try to flog them a 37% loan of their own. Every penny that went into Barclays and Lloyds should be immediately extracted and pumped into reverse taxes.
The banks and the cops, both showing their true anti-social colours during this crisis here in Blighty. Both need a kick in the bollocks, frankly.