IF the bubble does pop (notice the IF dalek, so you can participate in this purely hypothetical question), how much market distorting subsidy will be directed towards trying to save those who took on too much debt (if such people exist)?
It reminds me of the old saying about free markets and laissez faire economics, that everyone believes in them, except for when it has negative effects on themselves. Kind of like large banks in the US and UK.
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