>What I'm saying is in the world of high finance, it gets a little more complicated than that.
>
>Let's now say I owe the bank $3,000,000.
>
>If my business complete stops running, the bank is out $3,000,000 without much of a chance of getting any of it back.
>
>They will happily lend me a measly $50,000 more to keep my head above water because that's the best chance they have of not getting screwed out of $3M.
>
>And risk being out 3,050,000.


Exactly, but I'm not sure you're getting it.

The risk of being absolutely screwed out of $3M is tougher to swallow for a bank than being possibly screwed out $3.05M.



> At some point in time we (as a country) have to learn to live within our means and stop throwing out good money after bad.

I agree. And it makes sense.