There has to be an accommodation in order to provide sufficient funds to monetize endeavors, even those questionable,
in order to make things flow. Tight money does not provide that accommodation.
If one is paying attention they can see how fragile the system is & how many businesses ae living on yesterday's receipts.
It is not a system that is partisan.
As I have explained to my sons & their investing, "If you do not have an occasional bankruptcy in your investing in stocks
you are probably not taking sufficient risk."