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As have all the crashes since in "bulletproof" regulated markets.

• skohan 5y ago
  I don't know if anyone has ever argued that the markets are bulletproof. Should we not have speed limits because traffic accidents still exist in spite of traffic regulation?
  • insert_coin 5y ago
    No, but we also shouldn't imply the main reason accidents occurred before was because there were no speed limits.
    • deleted 5y ago
      [deleted]
    • skohan 5y ago
      I don't think anyone is arguing that lack accredited investor requirements was the main reason for the crash of 29, just that it's one of many common-sense regulations put in place to prevent a repeat of the worst outcomes.