|
View previous topic :: View next topic
|
|
| Author |
Message |
HigherThanTheSun
Gender: Male
Age: 33
Location: UK
|
- #81
- Posted: 05/19/2012 18:30
- Post subject:
|
It's easy to get richer when you're already rich.
I'll reserve my respect for people who make something out of nothing.
_________________
Shut up mate you're boring!
|
|
|
|
|
Back to top
|
|
|
|
BlueNote
|
- #82
- Posted: 05/20/2012 04:57
- Post subject:
|
| Jackwc wrote: | | Remember what happened when the minister of finance had HIS hand in that many pies? 2008 happened. |
I normally keep up with (U.S.) politics and world-wide geopolitics, but I'm lost on this one. Is this a Canadian thing?
|
|
|
|
|
Back to top
|
|
RFNAPLES
Level 8
Gender: Male
Age: 75
Location: Durham, NC, USA
|
|
|
Back to top
|
|
RFNAPLES
Level 8
Gender: Male
Age: 75
Location: Durham, NC, USA
|
|
|
Back to top
|
|
RFNAPLES
Level 8
Gender: Male
Age: 75
Location: Durham, NC, USA
|
|
|
Back to top
|
|
|
|
RFNAPLES
Level 8
Gender: Male
Age: 75
Location: Durham, NC, USA
|
|
|
Back to top
|
|
RFNAPLES
Level 8
Gender: Male
Age: 75
Location: Durham, NC, USA
|
|
|
Back to top
|
|
RFNAPLES
Level 8
Gender: Male
Age: 75
Location: Durham, NC, USA
|
|
|
Back to top
|
|
HigherThanTheSun
Gender: Male
Age: 33
Location: UK
|
- #89
- Posted: 09/11/2012 14:09
- Post subject:
|
This guy's answer is that the financial crisis was caused by overregulation? How does that work on any level?
_________________
Shut up mate you're boring!
|
|
|
|
|
Back to top
|
|
paladisiac
= music
Gender: Male
Location: Denver
|
- #90
- Posted: 09/11/2012 14:14
- Post subject:
|
| HigherThanTheSun wrote: | Funny how people cry about outsourcing jobs overseas and simultaneously want to move towards free market economics 
And this guy's answer is that the financial crisis was caused by overregulation? How does that work on any level? |
September 2008 really wasn't that long ago. Most people should be able to remember the financial collapse brought about by big banks taking advantage of minimal regulations regarding sub-prime loans, bundling a bunch of crappy loans up with a couple good loans and passing it all off as good loan bundles. Then there's the issue of banks being in the business of financial speculation when they really should just be there for savings, investments and general handling of money, not taking risks on stocks or 5/1 ARMs for people that can't afford the balloon payments.
Overregulation is the opposite of the problem.
_________________
fav artists NOW | ALL-TIME favs | i listen 2 more music than u so u don't have 2!
|
|
|
|
|
Back to top
|
|
|
|
|
