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I'm not sure 2008 was a problem of information transparency. There were people who accurately read the signs and viewed the documentation. The crash was the re
by abakker 9y ago
I'm not sure 2008 was a problem of information transparency. There were people who accurately read the signs and viewed the documentation.
The crash was the result of speculation and improper risk assessment, followed by the inevitable correction.
to say that 2008 happened as proof that these regulations don't work is kind of erroneous, as many of the regulations were revised or implemented as a result of that crash, to avoid it happening again.