2min chapter

Planet Money cover image

SUMMER SCHOOL 3: Booms, Busts & Us

Planet Money

CHAPTER

Do You Give a Helping Hand to a Business?

If they had been forced into complete liquidation and forced to close down imagine what else we would have lost. I remember very clearly, in the very beginning of the housing crisis, a lot of people should have known better. They shouldn't have taken out loans that they couldn'ta ord. And if you take away the consequences of that, it might create a situation where people take too many risks. That can make economic booms really dangerous."

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