Actually, I'm still saying that without government bailouts and guarantees, banks will not give widespread loans to people/companies they already know can't pay them back. Same as always.
I'm still waiting for an answer to the question though.
Printable View
It was a simple yes or no question. Watch now as I demonstrate how to properly answer a yes or no question:
No.
Now let me try again:
Do you think that banks would make even more bad loans if they knew the government would bail them out?
Do you think banks would make less bad loans if they knew the government wouldn't bail them out?
Do you think banks would be more careful in who they give out loans to if the government wasn't going to bail them out?
Do you think banks would be more reckless in who they give out loans to if the government was going to bail them out?
Why is this so difficult for you to answer?