Studies also suggest that financial and jobrelated hardships can have lasting effects on households’ mental health. See, e.g., M. K. Forbes and R. F. Krueger, “The Great Recession and Mental Health in the United States,” Clinical Psychological Science 7, no. 5 (July 2019): 900–913.
At present, based on the experience of the global financial crisis, a common understanding among the authorities is that financial institutions should secure adequate capital on their own, relative to their size, rather than rely on public funds in the case of financial stress.