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What the collapse of a company owing $300 billion means for the world
(www.businessinsider.com)
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this post was submitted on 03 Feb 2024
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I have a feeling that "too big to fail" will continue to be the mantra in the west for bailing these institutions out.
They got given loans that they had to pay back with interest.
But I don't see how the west are going to fail. What's happening in China is different to the west