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Joined 2 years ago
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Cake day: June 3rd, 2023

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  • senoro@lemmy.mltoMemes@lemmy.ml~~Wall~~ Sesame street
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    1 year ago

    Except the banks payed it back. The US government profited about $15bn from the bailouts. Potentially a loss if considering inflation. Also banks were forced to take the bailouts to prevent a bank run. You would almost certainly have taken your money out of CITI bank if they were the only ones receiving a bailout from the government. Which would have cost the government more in the long term.

    Large banks like JPMorgan and Goldman Sachs had already paid back the government bailout by July 2009.




  • It’s unlikely to cause any kind of large black market. In the UK, energy drinks have been restricted to 16+ for a few years now. People don’t mind off brand vapes or cigarettes (for some reason), but people absolutely care about the brand of energy drink they are buying. Kids especially, I imagine most only buy them to look cool, and if no one knows you are drinking a “cool” energy drink then why bother?