@mmasnick@mastodon.social @pluralistic@mamot.fr @bignose@social.chinwag.org I think they're def different. But they're analogous. Systemic undischargeable debt burden is a sort of structural risk to the system, but much more slow motion. Slow crumbling vs sudden collapse. And I think Corey's on to something in that the rich are considered the pillars of the system, such that bailing them out is OK because it protects everyone, but bailing out the bottom or the middle is risky/unfair when it comes at the expense of the gilded pillars
