intellectual might to investigate things. They have the same myopia as our populists here.
1) Banks and the FED were not interested in the social-political agenda to give homes to as many as possible. The government forced banks to provide sub-prime lending. The demand that followed forced the FED to add more reserves to the banks.
2) People LOVE to have FDIC insurance on their deposits. Trade unions LOVE to have their pension funds in Wall Street stocks. Therefore, USA could not let banks, monopolies and their depositors (people at large) fail.
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