Buffett, Friedman on the Price of the Financial Crisis

The video discusses the pitfalls of financial offers that seem too good to be true, highlighting the need for responsible lending practices and questioning whether laws are necessary to enforce them. It introduces the 'I'll be gone' mentality prevalent in finance, where individuals make unsustainable decisions without considering long-term consequences. The global impact of such financial misconduct is likened to a tsunami, emphasizing the need for greater accountability in financial institutions. The video advocates for holding individuals accountable, especially when their actions necessitate government intervention to save the economy.

What is the significance of the phrase 'I'll be gone' in the context of the speaker's argument?

In what way does the speaker believe the government should intervene in financial institutions?