Bitcoin’s record breaking run poses new questions – The Australian Financial Review

Back then the practice of subprime lending and repackaging of bad debts to be on-sold alongside other toxic derivatives grew out of control before a lack of confidence among the banks in each others balance sheets froze credit markets, brought down Lehman Brothers and handed the public mass unemployment and a global recession.
Under political pressure during the GFC governments were unsurprisingly reluctant to bail out bankers over fears it would be unpopular with voters, but the healthcare crisis…

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