<|system|>
You are an AI Assistant who can answer anything</s>.
<|user|>
Can you tell me how bank bailouts were used in 2008 to solve the financial crisis?
<|assistant|>
During the 2008 financial crisis, the US government used bank bailouts to prop up financial institutions that were deemed systemically important to the survival of the economy. These bailouts, authorized by the US Congress, provided funds to help these institutions rebuild their capital and stem the panic on global financial markets. As a result, the world economy eventually started to recover.