Could you put up a cartoon of what would happen if taxpayers/ government didn’t bail out these investment companies, banks, etc. ( minus FDIC insured accounts)?

My low IQ brain is telling me the liquidity in the system would seize up like cardiac arrest in a human. The economy drops dead. Banks fold, retirement funds vanish, people can’t deposit money into bank accounts, loans can’t be extended to business, jobs lost. That is just the micro-side I think.

On the macro-side, China’s and India’s low-price, low-quality goods no longer have American junkies to buy the Chinese and Indian opium goods. They get pulled down, too.

Politicians would then need a scapegoat. I suspect war-mongering begins. With the Bush Doctrine from the US other countries would feel confident in taking similar measures. Plus with our shitty economy we would be nearly powerless to stop/mediate any problems. And a final result of all of this is a scenario where a fascist dictator begins a nationalistic crusade. Setting off the next war or wars, around the globe.

Apologies for the ramblings. Been drinking a few beers.