Discussion in 'Economics' started by zdreg, Nov 19, 2012.
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:
is that a bit like saying. we havent had a major airline crash in years, why do we need the faa?
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.
2) I was hinting more at financial/intangible-oriented types of things compared to tangibles like planes and trains.
Governments are always reactive, not proactive.
Get rid of the SEC
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