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So if anything, what we faced in the 2008 crisis and what many are experience now is on orders of magnitude worse than Tulipmania...
by djsumdog 9y ago
So if anything, what we faced in the 2008 crisis and what many are experience now is on orders of magnitude worse than Tulipmania...
- wallace_f 9y agoAbsolutely. Also an example of how the financial system has evolved to tie the fates of some of the large, institutional (too big to fail) speculative investors to that of the common working man in the most unjust way possible. It is impressive how remarkarble they've evolved the finacial sector (for themselves).