DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - PIMCO's El-Erian Drops The F-Bomb: "French Banks Are Down To 1% Capital

**Optosypoeds** · 09-29-2011, 04:12 PM

I suppose the French banks are Too Big To Fail (TBTF).

TBTF is an undiscussable concept. If you see through it, you will be marginalized and ignored. Why is any bank too big to fail?

Why not use the real terminology here: The Status Quo Will Not Change. We have to sacrifice everything else to keep the banks alive--even if they are dead.

Hatha

09-29-2011, 04:12 PM	#3
Optosypoeds Join Date Oct 2005 Posts 470 Senior Member	I suppose the French banks are Too Big To Fail (TBTF). TBTF is an undiscussable concept. If you see through it, you will be marginalized and ignored. Why is any bank too big to fail? Why not use the real terminology here: The Status Quo Will Not Change. We have to sacrifice everything else to keep the banks alive--even if they are dead. Hatha
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