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What would have happened if the banks hadn't have been bailed out?

Commentators say there would have been 'Financial Meltdown'. What would be the mechanics and chronology of this breakdown? What would have been the long term effects? Is there an argument to say that it would have been better to let the banks go to the wall?

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Stump Parrish profile image59

Stump Parrish says

6 years ago
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dabeaner says

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BobMonger says

4 years ago
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commisioner says

7 years ago
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