• Archangel1313@lemmy.ca
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    4 hours ago

    Same game as the 2008 economic crash. They could have bailed out the mortgage holders…but instead, they bailed out the lenders. The banks would have gotten paid either way, but instead of helping regular people…they just gave the money directly to the banks.

    • clucose@lemmy.ml
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      3 hours ago

      2008 didn‘t damage mortage holders, how did you get to this opinion? Banks were packaging bad credits with good ones an shifting those packages like hot potatoes between each other. Till it crashed.

        • clucose@lemmy.ml
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          3 hours ago

          Yes. That’s a different case to todays case. People should‘ve been bailed out. Trump used his powers wrong and thus the paid tariffs have to be paid back to the importer. If the importer give this back to customers is a different question. Everybody should speak to Walmart et. al. about a this.

      • Hacksaw@lemmy.ca
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        2 hours ago

        Instead of giving the default money to banks they could have given it to the “bad credit” mortgage holders, who could have used it to pay their mortgages. The money still goes to banks but people get houses too.