badgenome on 13 June 2012
| richardhutnik said: (yes, the answer is less regulation of course) |
My god. Are you physically incapable of making a thread without strawmanning something or another?
It isn't that this proves we need less regulation, but that existing regulations don't work and simply doing more of the same is fucking stupid, to put it politely.
I wonder if that massive bailout and the guarantee that they're all "too big to fail" could have perhaps trained these people to think that risk isn't a concept that's particularly relevant to their existence, hmmm?
