Desroko on 15 June 2009
| famousringo said: Sounds good to me. If this crisis has taught us anything, it's that any firm which is 'too big to fail' is a ticking economic time bomb. Failure is only a matter of time, so make sure the giant isn't so huge that he crushes the rest of us beneath him. And I'd say centralized regulation is a pretty far cry from "running all financial institutions." I don't think stricter reporting standards and higher cash reserves are going to cripple the banking industry. |
You must have skipped over that chapter in Capital.
/sarcasm. When did conservatives become so overdramatic?
