Not exact matches
This stops
bank failures disrupting money and payments and hence
helps achieve monetary outcomes desired by the Austrian school of economics: reducing excessive state interference in the market for credit (through
bank regulation, lender of last resort and
bail -
out) and discouraging unsustainable money and credit expansions (leading to financial crisis and depression).
But neither the African governmental officials nor the private foreign
banks who made the decision to loan in the first place lose
out, as European and North American governments step in to provide further financial assistance for African countries as they begin to lapse on loan repayments: «In effect, public money from the governments of industrialised countries -LSB-...]
helped to
bail out the private creditors» (p. 33).
As well as having their pay frozen with inflation above 5 %, public sector workers face their pensions being raided to
help pay off the budget deficit caused by the recession and the
bank bail -
out.
Although Mike (Jonathan
Banks) agreed to join the operation more
out of an attempt to
help keep Jesse (Aaron Paul) safe, he quickly grew frustrated and tried to
bail out, only to end up in a terminal tussle with Walt.
In these unpredictable economic times, the
banks are getting
bail out money by the billions but there is no new law to
help individuals with any bailout money.
Any human intervention (faulty government policies to
bail out failing
banks or printing excess money) to iron
out these natural cycles only seems to
help in the short run.
«If this allegation by the ICC prosecutor is accurate, it appears that a UK high street
bank bailed out by the government is holding billions controlled by an indicted war criminal, or at the very least would be able to
help trace any funds» said Robert Palmer, a campaigner with Global Witness.
In other industry sectors AI, Machine Learning and Deep Learning have been busy transcribing voice to date,
bailing banks out of precarious risk positions or preventing rogue traders, writing it's own coding language, navigating autonomous vehicles, precision guiding military munitions, conducting medical genome research and
helping to forecast climate change.
«I'm very disappointed that the
banks got
bailed out but very few homeowners were
helped.