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[parent] [thread] 3 comments
1. fennec+(OP)[view] [source] 2024-02-07 02:33:36
Willing participants huh. Was the taxpayer a willing participant when we had to pay for the monumentous fuck up of 2008? Did the banks and investors pay for it, go to prison? Pretty sure it was just one scapegoat and that's it.
replies(1): >>Peteri+44
2. Peteri+44[view] [source] 2024-02-07 03:16:31
>>fennec+(OP)
The 2008 bailouts were all loans and taxpayers made a profit on them as they got repaid - see https://money.usnews.com/investing/articles/2017-01-19/finan...
replies(1): >>FireBe+m6
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3. FireBe+m6[view] [source] [discussion] 2024-02-07 03:37:59
>>Peteri+44
Where do you think the banks got the money that enabled them to repay the loans?
replies(1): >>Peteri+G6
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4. Peteri+G6[view] [source] [discussion] 2024-02-07 03:40:47
>>FireBe+m6
From the mortgages, just as they should, and just as the borrowers (i.e. "the willing participants") deserved to pay - it's not a burden on some unrelated taxpayers.
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