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el_bryanto

(11,804 posts)

19. That's a good choice - but reigning in wall street is necessary as well

Tue Sep 16, 2014, 02:24 PM

Sep 2014

In 2008-2009, the reckless and crazy way Wall Street had been acting for years caught up with us all, plunging us into a recession that we are still suffering with. Most of our regulators are former Wall Street people who don't really see anything wrong with what the market was doing. And so they are doing it again. I don't know how much wealth will be destroyed in the next crash, but it's going to be a lot.

Bryant

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That's a good choice - but reigning in wall street is necessary as well el_bryanto Sep 2014 #19