undefined | Better HN

0 pointsmaxerickson8y ago0 comments

It's a bitter pill, but the total collapse of the financial system would have affected a lot more families.

There should be lots of regulatory effort to reduce interdependence and make it easier to unwind bad banks though.

0 comments

1 comments · 1 top-level

Maybe short term, but long term everyone could have been better off if it led to a saner financial system and more growth.

j / k navigate · click thread line to collapse