Why America is a bank-owned state

Some of the banks should be allowed to die because they are so insolvent and holding so much in toxic assets that they will forever need to be on taxpayer-funded life support. The problem is, this life support is sucking the life out of the taxpayer in the process, as it weighs them down with ever-increasing debt. On top of that, the money could be used to restructure the economy in a way that is less reliant on the financial sector. Full article.

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