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Showing posts with the label Citibank

Is a Government Bailout Necessary for Big Banks?

Should the government bail out big banks that may otherwise go bankrupt? Or should it let them go under, as it did with Lehman Brothers in 2008? Economist Nicole Gelinas, a fellow at the Manhattan Institute, has the answer, and it will have big implications for policymakers when they grapple with the next economic crisis. 🚨 PragerU is experiencing severe censorship on Big Tech platforms. Go to to watch our videos free from censorship! SUBSCRIBE 👉 📲 Take PragerU videos with you everywhere you go. Download our free mobile app! Download for Apple iOS ➡ Download for Android ➡ 📳 Join PragerU's text list! SHOP! 🛒 Love PragerU? Visit our store today! Script: In 2008, America experienced the biggest meltdown of its financial sector since the Great Depression. The conventional wisdom is that this failure and subsequent government rescue, commonly known as "the bailout" was brought about by three decades of bank de-regulation. There were a lot of caus