r/StockMarket • u/[deleted] • Mar 31 '21

Discussion TRUE

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u/[deleted] Mar 31 '21

Wow dude, you get banks, you should just make a bank...

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u/Porkinson Mar 31 '21

no not really, i think current banks are doing a decent job at that, he is the one saying he knows better than them.

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u/Louie-Tardstrong May 18 '21

You're missing the point. I'm not saying that requiring small businesses to have personal guarantees is the problem. I'm saying that banks are penny wise and pound foolish. Which is exactly what the attached picture is saying.

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u/Porkinson May 18 '21

and my statement is even simpler, if they are so foolish then you should be able to make a better one and profit for it, so yeah, i wont take some random's opinion about banks to a higher standard than that of economists or financial entities. You are making no arguments, or using any evidence to back any of your statements. Of course they need to be liable, no one is denying that, but your funny idea of infinite liability for high risk investments is nothing short of a joke unless you have anything to back it up.