Ponty
pfm Member
I don’t think any of the follow-on issues raised were directly related to bailing out the banks, although they could all have been handled much better by the governments since 2010.
The ZIRP environment and subsequent consequences were cast during the GFC. ‘Emergency’ IR’s we were told. Well, it’s been a bloody long emergency and created a whole generation who only know virtually free money. We’re too far down the road now.