This is WHY we should NOT have bailed out banks in 2008.

This is WHY we should NOT have bailed out #banks in 2008.

– Yes – there would have been some #pain as banks had to reorganize through bankruptcy.
– Yes – the #market would not be at current levels.
– However, we would have a more diversified and healthier banking system. pic.twitter.com/r3gVA8YLgK

— Lance Roberts (@LanceRoberts) November 13, 2020