The Economic Implications of a Country too Big to Fail

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The implications are not good that is for sure. As Bruce Fein says, we live in a Bailout State.


By permitting businesses to grow so large that the economy relies heavily upon them, the government becomes quick to bail out even the most mismanaged business to prevent economic collapse. Such a system has led to income inequality based not on differences in innovation, hard work, and creativity, but rather on the fact that the game is rigged. This results in a sluggish economy that can only be fixed by getting the federal government out of the affairs of businesses.

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