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Because lots of people losing all of their money on bad investments has effects on the whole economy, see the Great Depression.
by chickenfries 9y ago
Because lots of people losing all of their money on bad investments has effects on the whole economy, see the Great Depression.
- tarsinge 9y agoBut when it’s institutions like in 2008 it’s ok?
- chickenfries 9y agoNo, that's a problem too? Why does everyone respond with "oh so you think payday loans and subprime mortgages are OK?" Do you actually want to go back to a time before the SEC. That's how you get a Great Depression.