The Instigator
maoui89
Con (against)
The Contender
kyleniel
Pro (for)

Should we let banks go bankrupt?

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Voting Style: Open Point System: 7 Point
Started: 3/28/2019 Category: Economics
Updated: 3 years ago Status: Debating Period
Viewed: 303 times Debate No: 121079
Debate Rounds (3)
Comments (3)
Votes (0)

 

maoui89

Con

Our banks play an integral role in our society. Because of this they have to be protected, To a certain extent. We should not bail out banks constantly but we should put measures in place to ensure that there is a way to protect them in case they start to turn over.
kyleniel

Pro

Banks failing and giving the money to those that own it is far better than the current system of bailing out the banks and letting them steal money. The Great Recession is an example of this.
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Debate Round No. 3
3 comments have been posted on this debate. Showing 1 through 3 records.
Posted by John_C_1812_II 3 years ago
John_C_1812_II
In laymen terms Chariee we look at the people not the institution. Try and keep in mind banking is a practice much like Law or Medicine.

The Federal Reserve Bank who under condition can cover a higher cost of placing receipts in public hand, Does so at a set value made by receipt. We observe this receipt as a Dollar. There is counterfeiting of a dollar, This is a receipt that is produced to look as of attacked to the registration process. There are plagiarized dollar, A dollar that has never be printed or assigned a serial number to regulate a legitimate value. Independent.
Posted by John_C_1812_II 3 years ago
John_C_1812_II
Banks are a business that is exposed to many crime which can effect it"s economic position. When forms of impartial payment can be removed by the public, It can exposes that particular business to failure. At what point does credit become a form of intellectual counterfeiting and how can it be proven and found? A federal reserve not is an impartial receipt on a total or set value. The idea is that this Note is easily tested to its authenticity, Law however does not consider plagiarizing of the dollar as a pressure on the value of the receipt itself.
Posted by charlee 3 years ago
charlee
Banks are a business. If they make bad business decisions, They should have the freedom to fail.
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