@lolonurse i am so sorry. that this was the policy choice — save banks as systemically important, in part by ensuring borrowers bear as much of the costs as possible, is much of why the US economic system has little public legitimacy. it is obviously not even roughly "fair" or "meritocrcay", unless you count being big or structurally well connected as merit. we go bitter towards fascist hierarchy, or generous towards social democracy, from here. "capitalist desserts" just have no social basis.