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"to big to fail" only apply to (big) companies that mainly use debt to finance themselves, and have no assets to sell if they ever "fail" and go bankrupt. Because debt owner then would go bankrupt, and if debt owners are also companies with a huge ratio debt/asset, they would then go bankrupt and so on. So banks.

(NB: i may have misused financial terms as i am not a native speaker)

Your entire rationalization is that 'too big to fail' is all about debt and credit, because that is such an inordinately huge part of today's economy. What business do you think Equifax and its competitors are intimately involved in, if not debt and credit?

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