1) 2-2-0-0? 2) My "focus" is more on the debt liquidation with recessions / depressions as the primary cause. 3) Regulatory stuff can be annoying. It's similar to the fire department arriving at a fire AFTER it has burnt itself out. Where was the regulation when you really needed it? :eek:
Author does not provide any specific proof. He could have made a case for the epa and safety regulations making cars more expensive vs. Dergulating banking rules where we now have too big to fail banks sucking off the taxpayers tits. Personally I prefer some regulations, I don't want some stupid greedy farmer poisoning my food like chinese human feces fertilizer.
1) Touche'. 2) I was hinting more at financial/intangible-oriented types of things compared to tangibles like planes and trains.