Too Big to Fail?

Too Big to Fail?

When you feed a wild animal it becomes unable to fend for itself. Nature says "survival of the fittest", but we decide that some companies are "too big to fail" and need rescued. This isn't new. The once massive East India Company, whose tea wound up in Boston Harbor, was supported by the British government. Lobbying. Crony capitalism. Who pays when businesses are declared "too big to fail?"
11 min2017X-Ray7+
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