re: #160 Dr Lizardo

On one hand, I’m no believer in the concept of “too big to fail”. OTOH, I can understand why they’d do that. This is a failure on the order of Lehman Bros. or Creditanstalt in 1931.

Moral Risk goes right out the window when the entire economic system is at risk, and most of all, when Chairman Xi’s grip on power is threatening to come undone.