Quote:
Originally Posted by djplong
The free market alwasy solves problems better than the government?
Well, there's a good argument for solving MANY problems better - BUT...
This last fiscal crisis is because of an unregulated free market - specifically the toxic credit swaps that nearly brought every bank in the world down.
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Much of the toxic credit swaps were there due to the GOVERNMENT forcing the issue and insisting that certain loans to certain folks be made. Perhaps if the Govt had not gotten involved...well, who knows