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Kasz216 said:

So that what doesn't happen again?

The current crisis has nothing to do with banks and everything to do with governments being fiscally irresponsible while in a shared currency.


I wouldn't go that far, after all the banks want their money back. In true free market tradition the Governments of those countries wouldn't be bailed out but rather default and banks would have to accept their losses but we all know Governments will be there to bail out the biggest banks (which is what this is really about- making sure the banks get at least some of their money back and reassuring them with taxpayers money so as to get them lending again and with previous lower interest rates).