” - - - are not investments, but political tools.”
IF the 2008 TARP in the good ‘ol US of A was also a type of “investment” of taxpayer money/political tool approved to bailout the bankruptcy of the FHA, Freddy and Fannie Federal Housing Debt, THEN why is the value of the US housing Market still down 30 % after 4 years of taxpayer “help?”
Oops, I forgot. I was supposed to be writing about somebody else throwing good money after bad. Sorry.
The USA isn’t supposed to be a social market economy, though. When you’re in one (such as the EU), they do stuff like that deliberately and say (to those paying attention) that the intention is exactly to grab more power.