1989 - savings and loans bailout
2008 - banks bailout
2020 - covid19 bailout aka wall street bailout
bailouts get bigger every time. But will they become more frequent?? Do we need more bailouts to bailout the aftermath of the previous bailouts?
See bailouts only happen when there is very unforeseen circumstances plus the problem cannot be solved in any way. I don't think they will become much frequent since, now we have an idea of what we are into and therefore it can be controlled, the government is asking banks to issue time for the people who have to work towards their company's financial situation. Stimulus bills are now being distributed, I do think we won't see them so frequently.
Plus I do think the government controlled banks can print as much money as they want but they are just pushing the balloon to its boundary, soon enough the value of the currency of that particular country will go down which would cause the whole economy to die from the inside.
Right now we need to focus on the new normal. How these things can be prevented and how these situations can be changed.