Difference between revisions of "Bailout"
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(Bailouts are happening all over the place, not just with Obama) |
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| − | A '''Bailout''' is a collective financial assistance effort that props up financially insolvent institutions or even countries. Most of the time, the organizations needing a bailout have engaged in nonsensical financial | + | A '''Bailout''' is a collective financial assistance effort that props up financially insolvent institutions or even countries. Most of the time, the organizations needing a bailout have engaged in nonsensical financial activities, or countries who have engaged in long term [[socialism]], such as [[Greece]].<ref>[https://www.wsj.com/articles/greece-clears-hurdle-toward-another-round-of-bailout-aid-1476122597 Greece Clears Hurdle Toward Another Round of Bailout Aid], [[Wall Street Journal]]</ref> Organizations in need of a bailout are sometimes considered too big to fail. |
Examples of bailouts include the bailout of Greece as well as the [[Obama administration corporate bailouts]]. | Examples of bailouts include the bailout of Greece as well as the [[Obama administration corporate bailouts]]. | ||
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==References== | ==References== | ||
<references /> | <references /> | ||
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| + | [[Category:Economics]] | ||
| + | [[Category:Socialism]] | ||
| + | [[Category:Liberalism]] | ||
Latest revision as of 13:41, September 26, 2018
A Bailout is a collective financial assistance effort that props up financially insolvent institutions or even countries. Most of the time, the organizations needing a bailout have engaged in nonsensical financial activities, or countries who have engaged in long term socialism, such as Greece.[1] Organizations in need of a bailout are sometimes considered too big to fail.
Examples of bailouts include the bailout of Greece as well as the Obama administration corporate bailouts.
A related concept is the Bail-in, as well as Quantitative easing