Free markets lose to politicians again. Spain will also restrict short sales.

Discussion in 'Economics' started by wilburbear, May 30, 2010.

  1. TGregg

    TGregg

    What a great way to restore confidence. Shit, why don't they just outlaw free markets and see how well that works?

    They cannot possibly think this will work, that this will solve the Euro problems. Which suggests they think it's all gonna get flushed.
     
  2. Germany hurt our (US) markets with these restrictions.

    Doesn't Spain care if they chop a trillion off our markets? Who's coordinating this whole show? I thought governments would constantly be on the phone with each other.
     
  3. Socialism is preventing race to the bottom.
    Capitalism is promoting race to the top.
     
  4. TGregg

    TGregg

    I am just SHOCKED that this did not work. Obviously they did not pass enough laws to stop the evil speculators from trashing a sound economy. If an economy that is based on spending more than you make is not sound, then what is?

    Stand by for another round of anti-evil-speculator laws.