#231 Planet Money: Too Big To Save

#231 Planet Money: Too Big To Save

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vor 15 Jahren
In the teeth of the financial crisis, the government of Ireland decided to issue a blanket guarantee, promising to make good on all the debts of all its banks.

That guarantee, we know now, has worked out very badly for Ireland.

On today's Planet Money, we hear the story of how Ireland's decision also had huge consequences for Europe and the U.S.

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