firms will always look for new lines of business to grow
Posted on: March 18, 2020 at 08:52:17 CT
ashtray UF
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and when those don't come to fruition, they pay the price. If government stopped intervening, the capital resources could be reallocated to more efficient investment. But if you're a "too big to fail" firm, you get a government bail out, removing the risk from the bad decision.