(July 21, 2016 at 4:59 am)Mathilda Wrote: This is the problem with privatizing profits and socializing losses ...
Exactly. That's why I always say I subscribe to the free market but not capitalism. Capitalism, at least in the financial sector, is the biggest moocher of them all. If they fail, they're bailed out at the expense of the population at large. If they win, their shareholders get the goods.