It's not a binary decision. Bailing out the banks or allowing the entire banking system to collapse. It's perfectly feasible to imagine a situation where financial institutions were semi-nationalised, hugely regulated and repurposed for the good of the 'economy' rather than their own interests.
I wholeheartedly agree with this, chucking the people who caused that mess a load of free money, rather than locking them up and sorting it out properly was a massive fuck up and just means the same will happen again.
It's not a binary decision. Bailing out the banks or allowing the entire banking system to collapse. It's perfectly feasible to imagine a situation where financial institutions were semi-nationalised, hugely regulated and repurposed for the good of the 'economy' rather than their own interests.
Growth can be measured at a macro level by global GDP
https://www.worldometers.info/gdp/