4 ms·
>An example might be good here to back up a pretty questionable claim. A civil war should be enough, no? https://en.wikipedia.org/wiki/Albanian_civil_war_of_1
by literallycancer 10y ago
>An example might be good here to back up a pretty questionable claim.
A civil war should be enough, no?
https://en.wikipedia.org/wiki/Albanian_civil_war_of_1997 https://en.wikipedia.org/wiki/Albanian_civil_war_of_1997
- CPLX 10y agoIndeed. Preventing financial panics is one of the core purposes of modern government, the protestations of HN's resident Ayn Rand readership notwithstanding.
- lend000 10y agoHow is that working out? Booms and busts are inherent to a market, but with Keynesian policies we extend the busts and inflate artificial booms (see: housing crisis), and we rack up more debt every time.
- lend000 10y ago> "and government officials endorsed a series of pyramid investment funds" From your own article, sounds like the problem was corrupt government, not a government that protected and prosecuted fraud.